in , ,

Core DAO outperformed Bitcoin, Ethereum and other cryptocurrencies in January 2023

Regarding the cryptocurrency trend in January, Core DAO apparently surpassed all the major cryptocurrencies. The announcement by the Core DAO project’s development team of the Mainnet’s launch, which was swiftly followed by exchanges offering the Core DAO token for spot trade, gave the project a significant boost.

Core DAO trended for more than a week after the news from major exchanges including Huobi, KuCoin, and MEXC indicated interest in listing the token, surpassing all other major cryptocurrencies including Bitcoin and Ethereum in the process.

Although Ethereum rose beyond $1,600 and closely contested the trend, Bitcoin’s recovery has closely followed it too.

What is Core DAO?

Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the history of the crypto ecosystem paired with an even greater excitement for Core’s role in its future.

Avatar

Written by T.I Ukende

T.I Ukende is a professional writer and ICT consultant. He has written many evergreen articles for Benuecast blog, classicgist, ellabase and many others before birthing the newsway blog.
Newsway delivers well researched and undiluted information on business, employment opportunities, personal finance and government empowerments.

Leave a Reply

Avatar

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

    PiCoin price declined massively across exchanges amid in-app Ads controversy among Pioneers

    Top five offline businesses to start in Nigeria that will make you a millionaire in 2023