cpi Archive

CPI Token Storms out of the Gates with over 2,300% Price Increase in Under 1 Month, and Several New Exchange Listings This Week

Bitcoin Press Release: Crypto Price Index’s CPI tokens have now appreciated to over 20x their initial list price, having been trading on HotBit for one month, with additional listings on BitForex, Bilaxy, and DigiFinex just announced.

 

17th August 2020, St Julian’s, Malta – DeFi is a hot topic in the crypto space right now, and cryptocurrencies are finally being recognised for their true potential – As liberators of the classical financial structure. As the number of coins grows, however, so do the complexities in tracking and weighting investment decisions.

Mainstream finance takes advantage of the bells and whistles which come as standard in a mature, developed industry – And traders and enthusiasts alike are making money with greater certainty, safety, and analysis as a result. Tools like the S&P500, and the DJIA are what the crypto industry has been calling for.

Now, with CPI (Crypto Price Index) tokens, crypto enthusiasts can do just that. CPI offers users the ability to create a basket of the top 200 cryptos and track price movements. And what is immediately obvious, is that the market has taken well to CPI being released. After CPI’s recent announcement that trading on HotBit exchange would imminently commence, the price has risen a staggering 2,300%. And for a token which started at $5, that means the price is now over $115 for just one CPI.

Exchange Listings 

To aid liquidity and accelerate CPI’s adoption as one of Crypto’s hottest upcoming DeFi projects, CPI is now available on Bilaxy and Hotbit with listings coming up on BitForex and Digifinex on August 18th. With the price already approaching $120, the effect of increased accessibility and opportunity for arbitrage will only accelerate interest in CPI and drive price increase further.

 

Increased Emirati Support

After news in 2019 of UAE royal acquisition of shares in CPI, it has now been announced that Sheikh Abdullah Bin Rashed Al Sharqi has taken the role of co-founder of the project. The business acumen and wealth of Sheikh Al Sharqi will be a strong asset for Crypto Price Index in 2020 and beyond. 

 

Early Round Funding

The founders of CPI decided to avoid funding the project via crypto-traditional methods like ICO or IEO campaigns, choosing instead to secure early investment from wealthy business associates and accredited investors. Early contributors agreed to lock up their tokens for a set period of time so the project doesn’t have the typical heavy sell pressure seen by most crypto projects upon exchange listing. This, combined with increased retail demand for CPI tokens, has helped CPI quickly become one of the fastest growing tokens in the marketplace. 

“My thought is since we restricted previous token sales it will allow a smooth transition to trading in the secondary markets” said Herbert Law, CEO of CPI.

“This prevents the big sell offs commonly seen in the crypto market that are a result of poor planning,” he added.

The price increases beg the question – With the DeFi wave powering through crypto, and CPI already showing its’ potential to do for Crypto what the S&P500 has done for traditional finance, where will CPI stop? 

 

Visit the CPI website to find out more information and see which exchanges CPI is trading on: https://www.cpiindex.io/

 

Chat on Telegram: https://t.me/CPIndex

 

Keep up with the latest on Facebook: https://www.facebook.com/cryptopriceindex/

 

Catch the buzz on Twitter: https://twitter.com/Index_price

 

Check in on LinkedIn: https://www.linkedin.com/company/crypto-price-index/

 

Media Contact Details

Contact Name: Herbert Law

Contact Email: herbert@cpiindex.io 

 

CPI is the source of this content. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The CPI token sale is closed to participants of all countries in which token sales are illegal. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

 

The post CPI Token Storms out of the Gates with over 2,300% Price Increase in Under 1 Month, and Several New Exchange Listings This Week appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – Massive Exposure For Bitcoin Services, Projects, and Merchants

Source: BPRB Feed

Catch Emirati-supported Crypto Price Index’s Hotbit Exchange Listing on 15th July 2020

Bitcoin Press Release: Crypto Price Index have announced details of their CPI token sale, which launches on HotBit exchange on 15th July 2020.

 

14th July 2020, ST. JULIAN’S, MALTA – 2020 has brought with it a host of challenges and opportunities, not least within the crypto markets, where we have seen a rollercoaster of peaks and troughs reminiscent of the great crypto rush of 2017. Now, with market sentiment rising, and BTC pushing the 10,000 USD range, we are once again looking to innovative projects to usher in the new age of prosperity that could be just around the corner. 

 

Market sentiment isn’t the only thing on the rise. With over 2,250 crypto coins minted, and more entering the market by the day, investment decisions have never been so numerous, hard to quantify, and potentially lucrative. With this in mind, Crypto Price Index have developed an innovative use of DeFi to provide unparalleled access to the possibilities of the evolving landscape, by offering an index of the 200 cryptocurrencies to both experienced and new traders alike. CEO Herbert Law said the following about CPI’s ability to usher in prosperity and stability;

 

“Cryptocurrency has the potential to expand opportunities for wealth generation to those who have previously been disenfranchised from legacy financial systems, however, unstable prices reduce the value of cryptocurrency as a store of value. CPI will bring much-needed stability to crypto markets with its suite of tokens whose value is based on the average of top-trading tokens.”

 

CPI/CPIX Tokens – Distributed Governance & Custom Baskets

The project uses its ERC-20 CPI token as the base unit for operation. Being true proponents of DeFi, governance of the CPI project is distributed across all CPI holders. Ownership of the CPI token allows each holder to decide what is worthy of being included in the CPI ecosystem. 

 

Ownership of the token also allows CPIX tokens to be minted, which are wrapped (can mimic the value of other tokens) and allows a custom basket of cryptocurrencies to be monitored. For instance, CPI30 will examine 30 selected cryptocurrencies, whereas CPI10 would be more specific, examining 10 tokens. CPI and CPIX are ERC20 tokens and thus can be held in any ERC20 wallet. Crypto Price Index aim to release their own dedicated wallet in the near future.

 

Listing on HotBit Exchange – 15th July 2020

To power the CPI ecosystem, Crypto Price Index have partnered with HotBit Exchange to facilitate the release of CPI tokens to the public beginning on 15th July 2020. The CPI Token will be available with an initial price of $5. Anyone who is interested in taking their market awareness and insight to the next level should sign up here or at HotBit.io

 

Royal Connections

In Q4 of 2019, Crypto Price Index made an incredible partnership with prominent Emirati families, as seen on Cointelegraph. The Emirati’s involvement and commitment to the project has brought a level of global competitive edge rarely seen in the crypto industry. The Emirati also provide a wealth of business and financial expertise and connection which could well pave the way to success by global financial navigation that Crypto Price Index will receive. 

 

Speaking on the announcement, his Highness Sheikh Abdullah Bin Rashed Al Sharqi, an advisor to the board of CPI, said;

 

“Decentralized finance is one of the most important movements of our time. By providing up-to-date pricing data, Crypto Price Index has the potential to become one of the most valuable sources of information for digital asset traders and market participants.”

 

Don’t miss the sale! Anyone interested in taking their market analysis to the next level should sign up using this link: https://www.cpiindex.io/

Visit the CPI website to find out more information: https://www.cpiindex.io/

Chat on Telegram: https://t.me/CPIndex 

Keep up with the latest on Facebook: https://www.facebook.com/cryptopriceindex/ 

Catch the buzz on Twitter: https://twitter.com/Index_price 

Check in on LinkedIn: https://www.linkedin.com/company/crypto-price-index/ 

 

Media Contact Details

Contact Name: Herbert Law

Contact Email: herbert@cpiindex.io 

 

CPI is the source of this content. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The CPI token sale is closed to participants of all countries in which token sales are illegal. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

The post Catch Emirati-supported Crypto Price Index’s Hotbit Exchange Listing on 15th July 2020 appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – Massive Exposure For Bitcoin Services, Projects, and Merchants

Source: BPRB Feed