As Bitcoin and other coins slowly recover, Ravendex has a blast with its NFT sales
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The cryptocurrency market surged marginally on Sunday as traders saw some value at lower levels. The market capitalization of the entire industry increased by 1.55 percent to $1.73 trillion.
Bitcoin, the world’s largest cryptocurrency, was trading at around $38,800 at writing. It has slipped more than 20 percent year to date (YTD). It is currently trading at approximately 50 percent low from its all-time high of $69,000 in November.
As the crypto market continues to rise, plunge and rise again, Ravendexs’ NFT sales have seen a consistent rise in demand. Ravendex is a Cardano-based decentralized exchange that allows crypto investors to stake on any native Cardano (ADA) token. It is also the first exchange to utilize the Alonzo Hard Fork update on the Cardano Ecosystem. It smart contracts to deposit assets and collect interest as per rules.
They launched the $RAVE token, which is supposed to be utilized on Ravendex DEX. Investors can use the $RAVE token to stake as well as save it on any Cardano-supported wallets. The public sale of the token was a hit. The $RAVE tokens are now also available to buy on Bitmart.
Now Ravendex has advanced further by launching its NFT project. Its sale is currently live on their NFT minting page. You can buy a single $RAVE NFT for as low as 50 ADA.
Unlike many other projects, ten thousand uniquely pixelated $Rave NFTs will have real utility in the Ravendex ecosystem. Staking tokens will be one of the highlighting features of this NFT project. Holders can stake $RAVE NFTs to endorse a project launching through their IDO. They can also list & sell their assets on other marketplaces.
15% of the 10,000 NFTs have already been sold. Go grab your opportunity now!
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Cryptocurrency
