Ravendex Lists on Bitrue as Trading Volume Rises ⋆ ZyCrypto

Ravendex Surges 15 As Token Aims For New Highs

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Ravendex, a non-custodial decentralized exchange built on the Cardano network, has announced a listing on popular cryptocurrency exchange Bitrue just days after the platform unveiled its NFT staking release.

This is the third listing that the emerging DEX has experienced since its launch. Ravendex had previously seen listings on the world’s leading cryptocurrency tracking website, CoinMarketCap, and the global cryptocurrency trading platform, Bitmart.

Ravendex is recognized as the very first project on the Cardano ecosystem that conceived the idea of ​​a super ecosystem powered by CNTs and CNFTs. However, it has become a fast-growing project that uses the Cardano EUTXO model to enable rapid and near-instantaneous transfer of assets and liquidity between native Cardano tokens and ADA.

Trading volume skyrockets to 200 million rave in 24 hours

The offering appears to have been long overdue as the platform has seen increasing demand for its utility token, which has seen $RAVE rise above 20% recently since plans for the offering were revealed.

According to the announcement, the platform eventually listed its $RAVE token on the popular cryptocurrency exchange Bitrue, which saw trading volume rise to 200 million tokens within 24 hours. decentralized exchanges as the token has become the talk of the town on various online crypto communities and forums.

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Holders of the $RAVE token will be given voting rights on explicit governance suggestions that affect the Ravendex ecosystem. In addition, the startup offers simple tokenomics intended to ensure decentralization in addition to a 15% annual rate.

Through the Bitrue listing, exchange users can now buy and sell the $RAVE token on the platform.

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