Following IPFS-secured decentralized platform AXEL.Network’s listing on ProBit Exchange on September 26 at 10:00 KST, AXEL tokens immediately took flight with a 400% jump in token value. IEO purchasers that managed to join the August 12 IEO before all allocated 500,000 AXEL sold out were rewarded for their early investments following listing of the AXEL/BTC trading pair.
The strong returns came on the heels of another major announcement from AXEL regarding their partnership with Masternode hosting platform Trittium. AXEL was able to meet the stringent requirements needed to join the Trittium Select Program on the basis of their strong and relevant use case, a cohesive team of experts, long term vision, as well as accountability and transparency on behalf of their diverse investor base.
The significant collaboration also provides another layer of scalability as multiple users can share the costs of running a masternode for as low as €10, which is roughly 1% of the standard expenses for a Tier 3 AXEL Masternode.
ProBit Exchange continues to extend its stream of successful listings with both of their Launchpad IEO offerings for both SPORTX and CPUcoin seeing similarly strong returns following listing. SPORTX tokens increased 3 times while CPUcoin saw a +40% return, and with the latest buzz surrounding AXEL tokens, all eyes will be on the next project to moon as ProBit Exchange continues to provide a diverse array of token purchasing opportunities for a healthy dose of liquidity and investor profits.