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ABEY: an innovative scalable blockchain that combines consensus mechanisms continues growth

ABEY has taken the blockchain industry by storm with a scalable blockchain that combines various consensus mechanisms.
| CryptoPress
 | Last updated: July 17, 2023
| CryptoPress
Last updated: July 17, 2023

CryptoPress

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ABEY has taken the blockchain industry by storm with a scalable blockchain that combines consensus mechanisms, rather than being confined to one. The platform has grown significantly in recent weeks, adding 20,000 new addresses each week. Its token, ABEY token, has increased 400% since it was first listed. The token has now been listed on Liquid Global.  

Developers say this growth began around the first airdrop of XT, the native token of XSWAP on August 17th.

 This trend is the latest example of ABEY’s momentum and is consistent with the growth ABEY has seen since making advancements in its blockchain technology and adding powerful new features in May of 2021.

Recently the ABEY token was listed on Liquid Global, one of the world’s top cryptocurrency exchanges.

Officials at Liquid Global called the listing an exciting one for their exchange. “Liquid is looking forward to providing the ABEY community with a reliable venue to acquire and exchange ABEY tokens and further develop the ecosystem, said Seth Melamed, Liquid COO.

The price of the ABEY token has skyrocketed since its first public listing on the ZBX.one exchange at around $0.61 in 2020, now worth $2.20 per token at the time of writing. ABEY looks to continue its upward price discovery as it gains exposure to Liquid’s user base.

Liquid currently hosts over 800,000 customers, operates in over 100 countries, lists over 80 tokens, and has recently achieved an all-time high of more than US$1.1B trade volume in 2021. Additionally, Liquid is consistently ranked among the top 10-20 regulated cryptocurrency exchanges globally based on daily traded spot volume with deep BTC/JPY liquidity.

Between the ABEY token’s listing on Liquid and the addition of more ABEY 2.0 addresses, it is evident that the ABEY ecosystem continues to grow, evolve, and attract momentum as a rival to other networks. The ABEY ecosystem includes diverse apps and services in fields such as financial services, storage services, database services, and emerging dApp categories. More info on ABEY is available online at www.abey.com.

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