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

Telcoin is a cryptocurrency designed to provide low-cost, secure, and convenient mobile phone top-ups. It has been on the rise in recent days thanks to its partnership with a number of major companies including PayPal, Vodafone, and O2.

Telcoin is a cryptocurrency that has seen a 25% increase in price over the course of one day. Read more in detail here: how to buy telcoin.

  • Within a day, Telcoin (TEL) has risen by more than 25%.
  • It is a payment platform for remittances that allows for quick transactions.
  • On Balancer, the company introduced seven new multi-asset pools.

The bitcoin market has been showing a positive signal for the last several months. And, as we all know, certain digital assets increase while others decrease in the cryptocurrency market, which seems to be typical. The crypto mania isn’t going away anytime soon, despite the fact that an investor’s profit is completely reliant on the trading pattern. Many young investors are interested in digital currencies even today.

Many institutional investors are concentrating on cryptocurrencies rather than equities and shares since the crypto market has received a lot of attention. Other businesses are preparing the way for the incorporation of digital currencies, which seem to be the future of financial sectors. For different crypto-assets, each day is a on and off switch. Similarly, Telcoin is having a good day, climbing up to 25% in a single day.

Telcoin (TEL) is the native exchange, reserve asset, and protocol token for the user-owned, decentralized financial platform. Telcoin, which was established in Singapore in July 2017, makes decentralized financial services available on any mobile device using blockchain technology.

Situation on the Market Right Now

At the time of writing, the trading price of Telcoin (TEL) was $0.028, according to Coinmarketcap. TEL has increased by 25.03 percent in a day, with a trading volume of $65,005,190 in the last 24 hours.

Telcoin’s Trading Chart

The graph shows Telcoin’s bullish price over the last 24 hours. TEL has risen from $0.017 to $0.028 in a single day, giving it a seven-day gain of almost 38%. TEL coins have a current circulation supply of 54,177,110,195. Bitrue, HitBTC, Uniswap (V3), KuCoin, and Bilaxy are among the major exchanges that accept it.

Telcoin Announces the Launch of Seven Multi-Asset Pools

On Balancer, Telcoin has established seven multi-asset pools that serve as a liquidity engine for its native mobile payment platform. TELx is now available on Balancer, with seven additional multi-asset pools available via its own SMS Network and exchange platform.

The introduction of seven new multi-asset pools, according to recent updates, may be the reason of the TEL price rise. The rise, on the other hand, has created a sweet spot for TEL users. Users may expect more price hikes as their system matures. If the current trend continues, TEL users will be rewarded in the near future.

Related Tag

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