KuKoin, the most popular and appreciated cryptocurrency exchange platform based in Hong Kong, listed Traxia (TMT) which is the first cryptocurrency to implement the new Cardano (ADA) smart contracts technology. TMT will trade on KuKoin against the Bitcoin (BTC) and Ethereum (ETH) trading pairs.
The new cryptocurrency rolled out on June 6th after ending a very successful ICO during which it raised over $15,1 million. The announcement of this addition, significantly surged the TMT price against the USD, rocketing to $0.044, after growing up by about 25%, right after KuKoin listed the crypto coin.
However, the craze after the announcement stopped slightly and the support reduced. At the moment of this writing, Traxia (TMT) is trading at $0.040, recording a growth of only 16% in the last 24 hours. Therefore, TMT dropped about 9% since the KuKoin announcement.
Traxia (TMT) admits that it is a “decentralized global trade finance ecosystem” which targets the development of an open and decentralized marketplace for both enterprises and individuals for exchanging invoices. As said above, TMT is a new entry in the cryptocurrencies market but promises to be strong crypto, eventually.
At this moment, we don’t know many details regarding this one, except that it has a total supply of 1 billion TMT and its last 24 hours trading volumes slightly exceed $1,8 million. The Traxia invoices trading platform will be operated by the new Cardano (ADA) smart contracts technology which will handle each operation and transaction occurring within the Traxia (TMT) marketplace. Read more from billionaire365.com…
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