Cardano bullish sentiment as Bitrue plans to list DJED and SHEN

2023-1-24 16:11

DJED is Cardano’s over-collateralized algorithmic stablecoin. DJED will use SHEN as its reserve coin. The launch of DJED on the mainnet is expected to take place this month.

Cardano (ADA) price has risen by 7.7% over the last week and by 45% over the last month as the overall crypto market recovery gains momentum. It is among those cryptocurrencies that have gained the most in the wake of the market recovery since the start of 2023.

However, in addition to the general market recovery, the bullish Cardano market sentiment is also supported by the much-awaited launch of the DJED stablecoin on the mainnet which is scheduled for this month. And just before the launch takes place, Bitrue, a popular Singapore-based crypto exchange, has announced plans to list the DJED stablecoin together with SHEN, its reserve coin.

Bitrue to list DJED stablecoin

Bitrue disclosed its plans to list DJED via an official blog release on its website followed by a tweet from COTI Network about the same.

Exciting $DJED news!#Bitrue will list both $DJED and $SHEN!

Thank you @BitrueOfficial https://t.co/enMgq3Ad6x

— COTI (@COTInetwork) January 24, 2023

This will make Bitrue the first cryptocurrency exchange to list the much-anticipated stablecoin once it is launched. However, since the stablecoin is yet to be launched, the exchange will announce the listing soon after the launch of the stablecoin.

Bitrue has had a long-standing relationship with the Cardano network as well as with the Cardano community which could be the reason behind the plan to list DJED and SHEN. The exchange announced ADA as one of its base currencies last February and a few months after it contributed 1 million ADA to several ADA staking pools to support the decentralization of the Cardano network.

Besides listing the two coins, Bitrue also plans to introduce DJED and SHEN staking in future.

The post Cardano bullish sentiment as Bitrue plans to list DJED and SHEN appeared first on CoinJournal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Cardano (ADA) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.576
Капитализация $0 Rank 99999
Цена в час новости $ 0.3743 (-100%)

djed cardano shen expected mainnet launch take

Источник: coinjournal.net

djed cardano → Результатов: 53


Стейблкоин Djed запущен в mainnet

Нативный стейблкоин Cardano с избыточным обеспечением Djed официально запущен в основной сети 31 января, через год после начала разработки и успешного аудита безопасности. Djed разработан сетью блокчейнов уровня 1 COTI и компанией Input-Output Global (IOG), занимающейся разработкой блокчейна Cardano.

2023-2-1 14:27


Snowfall Protocol (SNW) is Flourishing in Its Presale Stage 3, while Ripple (XRP) is Set to Collaborate with the Country of Palau and Cardano (ADA) to Launch Djed

Coinspeaker Snowfall Protocol (SNW) is Flourishing in Its Presale Stage 3, while Ripple (XRP) is Set to Collaborate with the Country of Palau and Cardano (ADA) to Launch Djed In recent news for some of the leading projects, Snowfall Protocol (SNW) is performing very well in its presale’s third stage, Ripple (XRP) is all set to collab with Palau to build a stablecoin at the national level, and Cardano (ADA) is ready to launch Djed.

2023-1-5 14:48


В январе в блокчейне Cardano состоится запуск стейблкоина Djed

Проект стейблкоина децентрализованного финансирования (DeFi) готовится к дебюту на блокчейне Cardano (ADA) в начале следующего года. Мы заложили основу для Djed, подписав более 40 партнёрских соглашений со всеми основными DEX до торговых протоколов, торговых площадок NFT, стартовых площадок и так далее.

2022-12-23 12:20


Фото:

AdaSwap to Integrate COTI-Issued Djed Stablecoin, Exploring DEX Listing

Cardano-based ecosystem builder AdaSwap today announced a partnership with COTI’s Djed stablecoin and shared plans to integrate the same into the Cardano ecosystem. AdaSwap Allies with COTI to Integrate Djed In an announcement made on December 21, Cardano-based ecosystem developer AdaSwap that is slated to launch the network’s first decentralized exchange (DEX), stated it hasRead More

2021-12-21 17:00


Фото:

Cardano Unveils ‘Djed’ – An Innovative Stablecoin For The Fast-Growing Ecosystem Issued By COTI

Cardano’s new stablecoin, Djed, will now be issued by the COTI platform according to a partnership announcement on Sunday at the Cardano summit in Wyoming. Djed, a product of efforts between IOG, Cardano’s Emurgo, and Ergo Blockchain is based on an algorithmic design that uses smart contracts to ensure price stabilization improving usability in decentralized […]

2021-9-27 18:22


дальше еще 4 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto Analyst Sets $10 Price Target For Cardano As Volume Jumps 90%

The stars may be finally aligning for Cardano (ADA) and its holders, as the crypto token recently experienced a significant reversal and a jump in its trading volume. Interestingly, this development coincides with an ultra-bullish prediction that a crypto analyst made for the crypto token.

Cardano Roars Back To Life As ADA Whales Move $13.84 Billion

Cardano (ADA) is finally seeing some action again, as data from the market intelligence platform IntoTheBlock shows that there has been a notable spike in whale activity. This has revived hopes that the ADA token could soon record a significant price surge due to this development.

Crypto Analyst Sets $5 Target For Cardano Price – Here’s How

The price action of Cardano (ADA) over the past week is a story of two halves, with the token notching a new multi-month high early in the week only to crash by over 18% a few days afterward. This recent decline in ADA price reflects a broader bearish climate in the cryptocurrency market. Interestingly, a […]

Cardano Metrics Explode: ADA Price Ready For Bull Run

Cardano (ADA) has had an eventful year in terms of price action and ecosystem development. Network activity is surging, partnerships are rolling out, and the ADA price has pumped relatively well.  The timing for all of this couldn’t be better, as money has been flowing back into the broader crypto market, and a rally looks […]