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Aelf (ELF) is Coming Off Stronger with Bithumb Listing

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Aelf

Aelf makes up for one of the rare currencies currently circulating the market that managed to provide almost majestic performance regarding the ELF marketing campaign ELF conducted. While implementing candy reward system and working on releasing its Main Net, Aelf seems to be trending up compared to other currencies in the last week. That is why it is no wonder that we see this token going up and trading in the green when the majority of currencies are going down with the market wave. With the latest news about getting listed on yet another exchange market, Aelf is coming off stronger with great plans for the future. Let’s see what Aelf has been doing these days as well as what this token has been up to for the future plans.

Aelf Gets Listed on Bithumb

You surely know that Bithumb is one of the biggest, most popular market exchanges for cryptocurrencies in South Korea. Being the second-biggest exchange in South Korea, getting listed on Bithumb can surely increase the visibility of a listed coin, so getting on this exchange will most certainly push a coin’s value up. That is how Aelf tokens are also rising up while experiencing positive changes in the price.

With getting listed on Bithumb, which is at the same time the seventh-biggest exchange market in the world of cryptocurrencies, Aelf has respectfully increased its visibility among South Korean investors, which is the main reason why Aelf is trading in the green with constant gains for quite some time now.

Zhuling Chen, the co-founder of ELF stated during this occasion that Aelf is one of the first coins originally coming from Singapore to be listed on one of the greatest exchanges in Korea and one of the biggest markets in the world when observed from the point of market capitalization and trading volumes.

Chen added further on this matter that Aelf’s main objective has aligned with the objective behind Bithumb as a South Korean exchange, where both of these foundations have planned on making the presence and adoption of blockchain technology and digital assets more stably established in oppose to the real-life usage of digital assets.

Aelf still has, as its main goal, a plan to become the biggest cloud computing decentralized platform that would in many ways contribute to the expansion of blockchain technology and digital assets, where cryptocurrencies could find an applicable usage in real-life operations as well. For now, ELF seems to be doing more than just well.

With having increased visibility and accessibility, Aelf is now more available and more interesting to investors around the globe and in South Korea, which is one of the countries that is probably the most involved in the expansion and development of blockchain technology and digital assets.

That means that Aelf is now experiencing increased trading volumes as well as increased market demand, which altogether affects its price by pushing ELF’s value up against the dollar.

Aelf in South Korea

With getting listed on Bithumb, Aelf and the team behind this token has managed to establish a more favorable and stronger reputation for ELF, especially given the fact that Bithumb and ELF share the idea of having digital assets find mass adoption around the globe. However, Bithumb is starting from South Korea, given the fact that this exchange market is located there, and Aelf seems to be joining Bithumb in this goal.

Bithumb has been acquiring some very interesting partnerships in Korea, of which can be said to have the ability to aid in the cause that Bithumb and Aelf are now sharing.

It is rumored that ELF is acquiring a couple of important South Korean partnerships as well, which should make it even stronger thanks to ELF’s smart strategic moves.

After getting listed on Bithumb, Aelf seems to have unlocked more than just several new opportunities as it got listed on another Korean exchange, called GOPAX, along with partnering up with Hashed, which is the biggest fund for digital assets in South Korea. It seems that Aelf is slowly but steadily going up while establishing its authority in South Korea, which is needless to say, a fantastic strategic move.

How is Aelf doing at the Current Moment?

Aelf seems to be doing more than well for quite some time now. ELF started off smartly with a candy system that served the purpose of rewarding ELF users during the campaign that lasted for a couple of weeks. On this occasion, users could get an opportunity to earn ELF tokens through rewards, while ELF got an opportunity to get its value pushed up in the market, which was the exact case.

With the latest listing, ELF is showing more improvements when it comes to the price as it is still trading in the green. After the latest change in the market, ELF has gone up for 3.62% against the dollar, while this currency is also trading in the green against BTC and ETH, also going up for over 3%.

Aelf marked its all-time high in January when it was traded at the price of 2.55$ and going towards 3$. At the current moment, ELF can be purchased at the price of 1.02$, which is pretty close to its record price.

In case Aelf continues to thrive at this pace of growth, this digital asset could potentially get back to its all-time high in the course of several weeks.

We will be updating our subscribers as soon as we know more. For the latest on ELF, sign up for our free newsletter!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of dconvertini via Flickr

Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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