Due to the fact 2021 exploded onto the scene and skyrocketed the crypto sector to highs hardly ever viewed just before, there’s a single exchange token that is really heading for it – CoinMetro’s token (XCM.) The selling price has increased an eye-watering 1416% in just a few of months. If we acquire a glimpse at 10 of the top rated climbers from Cryptoslate’s listing of trade tokens, XCM beats out the likes of Binance, Uniswap and Huobi.
So, how did CoinMetro, this huge-killing, trader-centered crypto exchange posture by itself to steal the lunch revenue of some of the quite biggest names in the business enterprise?
Clients, Local community and Self-assurance
CoinMetro founder and CEO, Kevin Murcko, factors to excellent purchaser services (some thing that is lamentably neglected in the cryptosphere), trader and community assurance and owning the characteristics that crypto traders are wanting for.
“CoinMetro is rather distinctive: we’re a controlled trade furnishing several fiat on and off-ramps, even for US traders. CoinMetro supports USD EUR, GBP and AUD. When it will come to crypto – XRP buying and selling, in addition to the majors, we also emphasis on new tokens with good promise” he reported.
“I’m also actually happy of CoinMetro’s aid group, who’ve aided us accomplish a in close proximity to-fantastic 4.9 on Trustpilot. We truly treatment about our clients and I think this is reflected, not just in responses, but also the in general confidence in the course of the broader local community, traders and traders alike”, he ongoing.
“Everyone has a crypto aid horror story it would seem. For me, the mission was to make a crypto exchange the place our customer aid group solves your problem and actually cares about you. I can say with self esteem that we have realized that and we maintain expanding our crew as we go along, earning sure all our consumers get a response and a solution in a timely fashion.”
Achievement Beyond Price tag
Further than XCM’s spectacular cost raise, there is of course been a remarkable amount of money of perform heading on at the rear of the scenes. Rolling out new solutions and doubling down on what is operating implies CoinMetro liked a advancement amount raise of 620% yr-on-calendar year in 2020.
CoinMetro also properly accomplished a crowdfunding campaign at the commencing of this 12 months, to even more supercharge their by now stellar advancement functionality and including a pleasant little bow to an previously wonderful 2020.
Pulling in buyers more rapidly than ever, and generating dependable advancements to the solution netted them a 52x raise in income amongst January 2020 and January 2021.
So the signs are apparent: you place in the do the job, you make and support a terrific local community all around a fantastic item, at the right time, and you delight in success.
The Street Ahead for XCM
As all the transaction expenses on the system are tied to the CoinMetro token XCM. They have terrific plans ahead this sort of as staking and numerous other DeFi options in the functions for 2021. There is also massive aid from their community and buyers in going long for XCM. This could be some of the reasons why XCM, the CoinMetro token jumped from $.04 to $.72 ($.49 at the time of crafting) in just a room of a couple months.
The largest winner in the trade token battle is plainly XCM – price is up 14x this calendar year, comparatively, other trade cash this kind of as the BNB coin has also found enormous advancement this calendar year by now, as have many other cryptos. BNB has risen in cost around 7x this calendar year. Huobi token’s progress involving this year’s highs and lows has been around 3x. OKEx Chain even so has reached a somewhat modest 50% enhance this year.
CoinMetro has large strategies in advance for 2021 both equally thanks to the development of the corporation and the modern funding round. You can examine a lot more on their options in advance this 12 months in the CoinMetro Q1 2021 Roadmap. There will be a ton of new higher-good quality, hand-picked tokens shown on CoinMetro this calendar year. In addition to this, they are also hinting about even more licensing and moving into the B2B house into Q4.
2021 looks to really be the 12 months of CoinMetro.