The Marlin (POND) crypto gained traction on June 17 as its price rallied over 24%. Its trading volume increased by more than 92% in the last 24 hours to Friday morning.
Let’s discuss more on the POND crypto.
Also Read: Why is Solana (SOL) crypto gaining attention?
What is Marlin (POND) crypto?
Marlin is an open protocol offering a programmable network infrastructure for higher efficiency of DeFi and Web 3 operations. Marlin nodes, called Metanodes, manage the MarlinVM.
MarlinVM provides a virtual router interface to developers deploying customized overlays and performing edge computations. Many overlays can be created through MarlinVM, including low-latency block multicast for scaling blockchains, anonymous networks like mixnets, etc.
Also Read: Is Solar (SXP) crypto rising on Kraken listing news?
POND is the native utility token of Marlin. It is available for trading on exchanges like Binance, MEXC, KuCoin, etc. The token has several uses like running validator nodes through staking and voting on governance proposals, etc.
Also Read: Five financial stocks to watch in Q3: FHN, Y, WRB, LPLA & PGR
The POND crypto gained attention after Binance Custody announced to facilitate deposits and withdrawals for the token, besides tokens like Metal (MTL), Venus (XVS), etc., on June 1. In addition, Coinbase said the POND token would start trading on Coinbase Pro paired with Tether (USDT) after it meets the required liquidity conditions.
Also Read: Blockchain bridge-maker ICON (ICX) crypto soars after KuCoin listing
Data Source: CoinMarketCap.com
The POND token was priced at US$0.01198 at 10:18 am ET on June 17, up 24.03%, while its volume for the last 24 hours increased by more than 92.95% to US$33.43 million. It has a market cap of US$46.78 million, and its fully-diluted market cap is US$119.75 million.
The token has a maximum supply of 10 billion, a total supply of 5.03 billion, and its current circulating supply is around 3.91 billion. It returned gains of 4.54% in the last seven days while increasing 34.83% in the last 30 days. The POND crypto saw the highest price of US$0.01399 and the lowest price of US$0.007238 in the last 30 days.
Also Read: Top agri stocks to watch amid rising prices: ADM, CTVA, MOS, BG & CF
Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instruments or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete, or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.
Denial of responsibility! insideheadline is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.