Sat, November 23

Telcoin (TEL) Climbs Up Over 25% in a Day

Telcoin (TEL) Climbs Up Over 25% in a Day Altcoin News
  • Telcoin (TEL) has surged above 25% within a day.
  • It is a remittance payment platform for instant transactions.
  • The firm launched seven new multi-asset pools on Balancer.

Over the last few months, the cryptocurrency market has been displaying a bullish signal. And, as we all know, some digital assets rise while others fall, which appears to be normal in the cryptocurrency market. Despite the fact that an investor’s profit is entirely dependent on the trading pattern, the crypto craze is not going away anytime soon. Even now, many young investors are showing an interest in digital currencies.

The crypto market has gotten a lot of attention, and many institutional investors are focusing on cryptocurrencies instead of stocks and shares. As digital currencies appear to be the future of financial sectors, other industries are paving the way for their integration. Each day is an on and off for various crypto-assets. Similarly, this day is for Telcoin, which climbs up to 25% within a day.

Telcoin (TEL) is the user-owned, decentralized financial platform’s native exchange, reserve asset, and protocol token. Telcoin, which was founded in Singapore in July 2017, uses blockchain technology to provide access to decentralized financial services on any mobile device.

Current Market Status

According to Coinmarketcap, the trading price of Telcoin (TEL) is $0.028, at the time of writing. The trading volume of $65,005,190 for the past 24 hours and TEL has surged to 25.03% within a day.

Trading Chart of Telcoin

The chart depicts the bullish price of Telcoin for the past 24 hours. TEL has surged from $0.017 to $0.028 within a day, and it is up over 38% with 7-day statistics. Besides, the current circulating supply of TEL coins is 54,177,110,195. It is available in top exchanges such as Bitrue, HitBTC, Uniswap (V3), KuCoin, and Bilaxy.

Telcoin Launches 7 Multi-Asset Pools

Telcoin has launched seven multi-asset pools on Balancer which acts as a liquidity engine for its native mobile payment platform. Now, TELx is live on Balancer with 7 new multi-asset pools across its own SMS Network and exchange platform.

According to recent updates, the launch of seven new multi-asset pools could be the cause of the TEL price increase. The uptrend, on the other hand, has provided TEL users with a sweet spot. Users can anticipate additional price increases as their system evolves. Significantly, TEL users will be rewarded in the near future if this trend continues.

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