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Aelf (ELF) is Coming Off Stronger with Bithumb Listing

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Aelf
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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

Blogs

What Changes May the Crypto Space Experience in 2019

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After the crypto hype of 2017, a lot of newly-arrived crypto enthusiasts were caught off-guard by the price crash and bear market that took over in 2018. One month after another, investors were waiting for things to change, and for another bull run to take place. Unfortunately, this did not happen in 2018, and while the year’s final days were seemingly stable, the rally everyone wanted to see has failed to arrive.

However, crypto investors remain optimistic, with many of them hoping to see some changes arrive in 2019. There are rather great expectations of this year, especially since the last one failed to deliver. However, many are interested in what exactly is to be expected in this year, which is what we will talk about today.

Bitcoin ETF approval

The US SEC’s decision regarding Bitcoin ETFs was one of the most anticipated events throughout 2018. Sadly, the decision constantly got delayed, and the SEC never actually provided an answer. The last delay has pushed the decision into 2019, and it is now expected to arrive on February 27.

Historically, the SEC was never ready to approve Bitcoin ETF, and many believe that the delays came due to the fact that the market was not ready for then in 2018. This is backed by the fact that the SEC rejected multiple application throughout the year. VanEck and SolidX…

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Blogs

Reasons Why 2019 May Be A Great Year For Crypto

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crypto
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The new year was always considered to be a time of new beginnings, where people can reflect on the past and learn from their mistakes in order to be better in the future. The same is true for the world of crypto, and investors around the world are hoping for 2019 to be better, more profitable, and to have more success than 2018.

The hope for the future is even more important when we consider all the negative development in 2018. There were numerous high-profile hacking attacks, two market crashes, with a strong bear market in between. Not to mention that some of the biggest projects that may have brightened the year a bit ended up being delayed.

With that in mind, it is understandable why investors are looking forward to the new year and all the potential development that it may bring. In fact, there are several reasons why they should be excited about 2019.

1) Bearish market to loosen its grip

The first reason why 2019 can be a good year digital currencies is that it may finally break free of the bearish grip that has been felt ever since last January. Following the first market crash, the bears settled in, and the prices kept falling for an entire year. The market attempted to shake off the negativity on several occasions, with the biggest one being…

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Blogs

3 Coins with the Largest Potential in 2019

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coins
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2018 has been a pretty bad year for digital coins, and after the initial market crash that occurred a year ago, everyone was expecting a bull run that will fix things. Obviously, it never arrived, and instead of that, all that crypto market experienced was an entire bearish year and another crash in mid-November.

Now, however, it is a brand new year, and attempts to shake off the bears’ grip can be seen even in these first two weeks. The market is still struggling and mostly losing value, rather than gaining, with most coins being in trouble once more. Still, a lot can happen in a year, and most investors remain optimistic regarding 2019. Here are some of the coins that are believed to have tremendous potential, and to be the hope of this year.

  1. Bitcoin (BTC)

Of course, Bitcoin comes first. This is the first cryptocurrency which is still dominating the market, with no other coin being even close to its market cap or price. BTC is the coin that has reached the most prominent heights, and it also lost the most in the previous year. However, there is still hope, as there are several projects and events scheduled for this year that might turn things around for the number one coin.

One thing that is expected is the approval of Bitcoin ETFs…

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