Alt Coin

Altcoin Built on Ethereum Suddenly Explodes Over 100% After Big Product Launch

An under-the-radar crypto asset constructed on Ethereum is in the course of an explosion after the altcoin mission reached some huge milestones.

Cratos (CRTS) is an ERC-20 token with a market capitalization of lower than $500 million and at present ranks because the 185th-largest crypto asset.

CRTS is a utility token designed to facilitate citizen participation within the Cratos cellular app, a real-time dwell vote platform, the place customers can generate vote matters in keeping with their choice, and different customers can take part within the vote.

Last week, Cratos launched the worldwide model of its app, after beforehand solely being accessible in Korea.

According to the announcement, customers can earn CRTS by registering, producing votes, commenting, or collaborating in votes, amongst different methods.

Market members responded positively to the launch of the Cratos app by sending CRTS to a brand new report excessive. Sitting at about $0.0035 earlier than the launch, CRTS began working till it hit a brand new all-time excessive of $0.0074 three days later for a achieve of about 111%.

In the center of CRTS’ rally, Asian crypto trade MEXC determined to list the Ethereum-based altcoin.

At time of writing, CRTS is buying and selling at $0.007, solely 5% off its all-time excessive, and is up 234% within the final month, one of many extra appreciable positive aspects within the prime 200 cryptos by market cap.

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Featured Image: Shutterstock/SimpleB

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