Digital Asset Exchange Crypto.com Deploys Support For Six Low-Cap Altcoins, Boosting Multiple Rallies

Digital Asset Exchange Crypto.com Deploys Support For Six Low-Cap Altcoins, Boosting Multiple Rallies

Crypto exchange giant Crypto.com is expanding its list of apps by adding half a dozen promising altcoins.

The app has announced its latest list of Play-to-Earn Merit Circle (MC) metaverse tokens, joining the more than 250 cryptocurrencies and stablecoins on the market.

The decentralized autonomous organization gives voting rights to all MC holders, and players have access to more than two dozen games. Merit Circle surged in two waves after the listing announcement, rising 14.3% from $2.30 to a high of $2.63. MC is up 11.25% on the day and trading at $2.55.

Threshold Network Token (T) also joins the Crypto.com app, a privacy token that emphasizes user sovereignty. The project was born from the recent merger between Keep Network (KEEP) and NuCypher (NU).

Threshold Network Token is experiencing choppy price action and is currently up 1.2% at $0.12.

A decentralized finance (DeFi) protocol based on Ethereum (ETH) is also getting the green light from Crypto.com.

Alchemix (ALCX) is an automated yield farming, lending, borrowing and staking protocol that uses tokenized yield funds to repay debts. Users can open collateral-backed loans that are repaid automatically using the yield generated from the collateral.

At the time of writing, Alchemix is ​​up 5.38% to $106.05.

The open-source, enterprise-focused hybrid blockchain Aergo (AERGO) offers easy-to-use developer tools for building decentralized applications.

Aergo’s price is up a modest 1.37% and trading hands for $0.23.

Next up in Crypto.com’s latest additions is the Alpha Finance (ALPHA) cross-chain DeFi platform. The protocol automates maximum returns for users while reducing risk. The ALPHA token is used for liquidity mining, governance, and staking.

Alpha Finance is up 6% at the time of writing and is valued at $0.30.

Last on the list of Crypto.com app beginners is Reef (REEF), which caters to DeFi, non-fungible token (NFT) and gaming users. It is cross-channel compatible and community driven.

Reef is up 3.38% and trading at $0.0099 at the time of writing.

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Featured image: Shutterstock/vvaldmann/Natalia

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