Slightly-known altcoin has doubled up during the last 24 hours amid new partnerships and perpetual contract listings.
New data reveals that information trade 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 last day.
The crypto’s rise in worth coincides with its announcement of quite a few collaborations with different crypto and tech companies, similar to OpenTaskAI, a synthetic intelligence (AI)-focused world market that connects companies and freelancers.
“[REI Network] goals to realize a light-weight, EVM (Ethereum Digital Machine) appropriate, increased efficiency, and no charge 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 Venture, an omnichain naming service that can simplify how Web3 domains are registered and managed over REI.
“We’re excited to announce OpenName Venture, a number one Omni-chain Identify Service, has now teamed up with the REI Community. This partnership marks a major step ahead in simplifying the registration and administration of Web3 domains on the REI Community.”
Lastly, crypto trade Gate.io – presently the seventh-ranked platform by way of 24-hour normalized quantity – has announced that it has added REI/USDT perpetual contracts to its listing of merchandise.
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