SuperRare (RARE) Price Surges Over 140% in a Week

SuperRare (RARE) Price Surges Over 140% in a Week
  • The RARE price has jumped over 140% in the last 7 days.
  • SuperRare is an NFT platform which sells NFT.

The world of digital assets often has us mesmerized. In addition, the token has us standing still, amazed at its progress. Now, it looks like we were at that point again. RARE, a native token of SuperRare ecosystem. The RARE price has jumped over 10% in the last 24-hours

Today, at news time, the token trades for $2.9, down from its 24-hour high of $3.29. Overall, it’s grown by over 140% in the past week.

SuperRare (RARE) Price Chart (Source: CoinMarketCap)

SuperRare is an NFT platform which sells NFT. Moreover, the platform has some fantastic websites and some of the most creative NFT artists in the world. However the big news is that recently SuperRare has launched its own token and it gave 150 million tokens as a give away. 

Moreover, SuperRare is a leading NFT platform which decentralizes its model with the launch of its token creation. Currently, the token holders can vote on new community run galleries known as space SuperRare. 

SuperRare itself is one of the leading platforms for NFT artwork tokenization on the Ethereum blockchain. The platform announced that it undertook steps to decentralize the project. In order to do so, SuperRare has launched a new rare creation token for community governance and also decentralized autonomous organization. 

In addition, SuperRare will empower token holders to vote on new community operated space which enables a wider range of artists to join the platform. Therefore, each RARE works like a custom storefront for operators selected by community space operators. 

With upcoming developments and upgrades within the ecosystem the platform will reach a new height soon.

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Cryptocurrency and blockchain tech interest has enticed Carolyna to write for NewsCrypto. She made her personal mission to help non-crypto geeks to understand the technology with ease.