Tokenomy (TEN) is enjoying one of the best runs in the market as the upward momentum continues to gather pace. The altcoin is already up by more than 5% for the year, its trading volume having reached highs in the neighborhood of $170M USD. Similarly, its market cap is up to highs of $31.98M USD.
Tokenomy October Achievements
The rally comes on the heels of a successful month that saw the cryptocurrency project achieve significant milestones. According to a monthly report, Tokenomy brought together blockchain and cryptocurrency enthusiasts in Jakarta. The gathering brought together notable speakers representing diverse blockchain projects.
The Tokenomy Team also attended an event organized by the SMU Blockchain Club. Likewise, the team shared its blockchain plans and touted internship and employment opportunities to attendees. The project’s vice president of exchange operations, Ken Chia, also made a keynote speech at the Blockchain Applications and Economics Indonesia conference. The forum brought together business leaders and thinkers exploring the impact of blockchain on their businesses.
In celebration of the TEN.TEN Trading Contest, Tokenomy issued a total of 25,000 TEN tokens last month. Likewise, the firm issued a total of 1 million VEX tokens, distributed to top traders from October 10th to November 7.
Strategic Partnership and Token Listings
Tokenomy has since confirmed a strategic partnership with Bitcoin Vietnam. Pursuant to the agreement, BitcoinVN will become the official distributor of the TEN token in Vietnam. TEN tokens will, therefore, be available for OTC services at Bitcoin Vietnam official website.
“The partnership serves as a platform for Tokenomy to introduce TEN tokens to the Vietnamese market as part of Tokenomy long-term vision to break into the market,” reads in a statement.
The altcoin team has also confirmed the availability of its TEN tokens on the NUCEX Platform. The availability should consequently accelerate the mass adoption of the token. NUCEX has also confirmed plans to airdrop 5,000 TEN tokens to the first 85 participants.
In addition, Tokenomy will start listing TrueVND stable coin on the its exchange. Backed by Vietnamese Dong, TVND casts itself as an ERC20 token. The exchange will also play hosts to Midas Protocol token as well as SIX Network Tokens as part of the latest addition. HARA tokens are also available for purchase on the Tokenomy exchange with a pre-sale, set to conclude on November 13. Likewise, LYFE Tokens are also available for purchase on the exchange until November 9.
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