IMPT, the native token that will power the soon-to-be-released revolutionary blockchain-based carbon credit trading/carbon offset platform IMPT.io, was trading about 4% lower on Wednesday despite being listed on a new cryptocurrency exchange. A development that typically drives up demand and prices. IMPT/USD was last changing hands on Uniswap at around $0.017 per token, down more than 10% from Tuesday’s sub-$0.01550 low but down almost 25% from recent highs in the $0.0225 area.
Poor performance of IMPT despite widespread slowdown cryptocurrency market The low volume trading towards the end of the year is likely to coincide with the fact that the cryptocurrency broke below a short-term ascending trend channel, triggering a round of technical selling.
IMPT Launched on Bitmart Exchange
IMPT.io’s Token Launched Wednesday 28th on Cryptocurrency Exchange BitMartth December’s, exposing the token to a new cryptocurrency trader/user base. Users can trade IMPT on BitMart here,
IMPT will then be listed on the Gate.io exchange on 1scheduled tribe January’s The first exchange token offering took place a few weeks ago on the LBANK cryptocurrency exchange. Users can trade tokens on LBANK here,
Price Prediction – Where’s Next for IMPT?
In the near-term, IMPT appears to be at a crossroads, given that it has recently formed a pennant structure, which could result in a bullish or bearish breakout. A bullish breakout could see the cryptocurrency rally sharply to test the recent highs in the $0.02250 area, while a bearish breakout could open the door for a potential bullish move back towards $0.012.
But with positive updates soon on IMPT’s development progress, and the token being listed on more exchanges in the coming days, potentially further boosting its demand, any dip towards $0.012 would be significant drop-buying. Can be met on demand.
What is IMPT.io?
IMPT.io is a blockchain-based carbon credit trading platform designed to make it easy for businesses and consumers to offset their carbon footprint. Users earn carbon credits by depositing IMPT tokens, which they then convert into carbon credits that are issued as non-fungible tokens (NFTs). Users can then hold these Carbon Credit NFTs, trade them on the IMPTs marketplace, or burn them, in which case they will receive a new NFT with unique artwork.
But IMPT.io is much more than just a carbon credit marketplace. The project seeks to encourage consumers to engage in “responsible shopping” with environmentally conscious brands. Users will be able to shop on the websites of over 10,000 brands that have committed to the IMPT.io project and receive IMPT tokens from each purchase through an online widget.
Meanwhile, IMPT.io has a built-in mechanism to incentivize users, whether individuals or businesses, to deposit and burn Carbon Credit NFTs. The platform assigns users an IMPT.io score, which is generated every time a user purchases and deposits IMPT tokens, refers new users to the platform, or receives and retires NFT Carbon Credits. Business owners can integrate the IMPT.io platform into their stores, which will also increase their score.
Investors wary of new crypto projects should note that the IMPT.io founding team has been Know Your Customer (KYC) verified by Coinsniper and the project has undergone a full security audit by Hacken. CoinSniper and Hacken are both widely respected firms known for greenlighting only legitimate crypto projects.
What next for IMPT.io?
According to an update from the CEO of IMPT.io a week and a half ago, the blockchain-based carbon credits trading platform is set to publish its first screenshot of Use Case 1 as well as release further information on when the platform plans to go live. Is. in February. IMPT.io will release its latest compilation along with a list of the top 500 affiliate brands later this week. Finally, IMPT’s token will be listed on the Changelly Pro cryptocurrency exchange later this week.
New screenshots and information about the project ahead of its launch in February are likely to boost hype about the project, IMPT bulls expect, with some predicting the cryptocurrency will soon hit its post-ICO record high in the $0.025 region. Can pass the level.
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