DWF Labs is known for its aggressive stance in recent times. The company’s approach to investing in various cryptocurrencies is considered significant for both the firm and the crypto market. Just moments ago, DWF made an announcement that was particularly noteworthy for OTC traders.
Innovation in the Liquid Market by DWF Labs
DWF Labs, which has drawn attention with its major strides in the cryptocurrency field, made a significant announcement for the Liquid Market. DWF Labs announced that certain cryptocurrencies have been listed on the Liquid Market for OTC users, sharing the following update:
Good news for OTC investors! Joe (JOE), Milady Meme Coin (LADYS), FLOKI (FLOKI), and IoTeX (IOTX) are now officially listed on the Liquid Market.
The current trading pairs are:
-JOE/USDT (@TraderJoe_xyz)
-LADYS/USDT (@miladymemecoin)
-FLOKI/USDT (@RealFlokiInu)
-IOTX/USDT (@iotex_io)
Current Status of Altcoins
As these announcements circulate in the market, attention turns to the cryptocurrencies mentioned in the listing news. During this period, there were fluctuations in prices.
Firstly, looking at JOE, the price of JOE increased by 6% in the last 24 hours, reaching $0.62. Following the rise, its market capitalization climbed to $219 million, placing the cryptocurrency at 312th in terms of market cap. On the other hand, its 24-hour trading volume surged by 202%, exceeding $65 million.
Another cryptocurrency mentioned in the announcement, LADYS, rose by 27% in the last 24 hours to $0.0000002519. Its market capitalization increased by 27%, surpassing $186 million. The trading volume also rose in the last 24 hours, climbing above $47 million, indicating significant investor interest.
At the forefront of the recent meme coin surge, FLOKI is among the day’s losers. FLOKI fell by 9% in the last 24 hours, dropping to $0.0002631.
Its market capitalization decreased to $2.5 billion, while its 24-hour trading volume fell by 23% to $1.5 billion. This decline could be interpreted as a waning interest in meme coins.
Finally, IOTX also seemed to have received what it expected from the announcement. IOTX rose by 7.62%, reaching $0.07861. The market capitalization of IOTX went above $700 million. The 24-hour trading volume of IOTX, after a 107% increase, surpassed $95 million.
