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Home»ALTCOIN NEWS»DEPIN Altcoin surpasses the encryption market and skykit, almost 44%following the famous exchange list.
ALTCOIN NEWS

DEPIN Altcoin surpasses the encryption market and skykit, almost 44%following the famous exchange list.

By Crypto FlexsApril 27, 20252 Mins Read
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DEPIN Altcoin surpasses the encryption market and skykit, almost 44%following the famous exchange list.
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Altcoin, related to the decentralized physical infrastructure network (Depin) project, has increased almost 44% on Friday after receiving a prominent exchange list.

On Thursday, Bithumb, a Korean encryption exchange giant, announced that it is listed as the basic token of the XYO network.

The XYO network aims to process all types of distributed data.

Explain the website of the project

“XYO, which includes both networks and protocols, can be used to aggregate, verify, configure and use data distributed in hardware nodes that can run XYO support software or firmware.

The premise definition of XYO is a distributed verification that can enhance the sincerity of the received data by checking the data flowing into the database of the network by acting as a witness to each other. Then, with a simple and accessible tissue, you can use this data quickly and efficiently. ”

Earlier this month, the project announced that it would migrate the network with a new layer -1 chain focusing on DEPIN. To promote this movement, the XYO network is launching a new layer -1 default token XL1 and works as a double score model in the future.

According to the project, the XYO token will stay in Etherrium (ETH) and act as an anchor who controls the flow of XL1 to the default blockchain.

XYO trades $ 0.0154 at the time of writing. The 278th password assets increased by more than 71% last week.

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Exemptions: The opinions expressed in Daily HODL are not investment advice. Investors must do live action before making high -risk investments in bitcoin, cryptocurrency or digital assets. Transfer and transactions are at their danger, and the loss that can occur is your responsibility. Daily HODL is not recommended to purchase or sell cryptocurrency or digital assets, and Daily HODL is not an investment advisor. Daily HODL participates in affiliate marketing.

Created image: dalle3

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