A bit-known altcoin has doubled up over the past 24 hours amid new partnerships and perpetual contract listings.
New data reveals that information change digital asset REI Community (REI) – which goals to be a feeless Web3 protocol – is buying and selling for $0.280 at time of writing, a rise of about 103% over the past day.
The crypto’s rise in worth coincides with its announcement of quite a few collaborations with different crypto and tech corporations, resembling OpenTaskAI, a man-made intelligence (AI)-focused world market that connects companies and freelancers.
“[REI Network] goals to realize a light-weight, EVM (Ethereum Digital Machine) suitable, larger efficiency, and no payment blockchain framework. This collaboration connects our AI abilities with their enterprises, main AI + Web3’s future!”
Moreover, REI Community says it’s additionally forming a partnership with the OpenName Challenge, an omnichain naming service that may simplify how Web3 domains are registered and managed over REI.
“We’re excited to announce OpenName Challenge, a number one Omni-chain Title Service, has now teamed up with the REI Community. This partnership marks a big step ahead in simplifying the registration and administration of Web3 domains on the REI Community.”
Lastly, crypto change Gate.io – at present the seventh-ranked platform when it comes to 24-hour normalized quantity – has announced that it has added REI/USDT perpetual contracts to its listing of merchandise.
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