February just concluded, and it had quite the crypto storm again. With sentiment being at a low, the crypto space’s activity level certainly isn’t. Let’s take a look at what Bitvavo added to its listings last month…
Kaito AI ($KAITO)
The AI hypewave definitely isn’t over yet, and this project proves it. Kaito is a groundbreaking blockchain project on the Base chain that combines AI with decentralized finance. It gathers, processes, and analyzes market data to help users spot trends and opportunities in crypto. Using AI algorithms, Kaito empowers traders to make smarter decisions and quickly interpret complex data.
One key feature is ‘InfoFi’, which provides advanced data analysis for both retail and institutional investors. The platform also offers staking and a unique voting mechanism through the Yapper Launchpad, allowing users to influence new projects.
Since launch, Kaito has almost tripled its market cap, driven by the continuous demand for AI-related cryptocurrencies and a (somewhat volatile) positive market outlook. Currently priced at $2.36, Kaito has also been holding up really well during Bitcoin’s latest dip to $78.000. Is this a sign of a possible powerproject for altseason? It seems Bitvavo did the right thing listing this one!
Story ($IP)
Another project with a launch to take a bow for, is Story. This project, backed by a16z (a famous Venture Capital in crypto), saw its price surge from $1.30 to more than $7 in just a few weeks since launch.
Story is a layer-1 blockchain designed to bring intellectual property (IP) onto the blockchain, making it easier to manage and use. It allows any type of IP, like ideas, images, songs, or even AI models and NFTs, to be turned into digital tokens. By adding usage rules, credit, and payment agreements directly into the blockchain, Story wants to make IP management clear, safe, and decentralized. According to them, this will help creators protect their work, collaborate easily, and earn money in a world powered by AI.
With growing demand and volume, and also multiple strong partnerships, it looks like Story is here to stay. If you’re interested, check out this coinreport on one of their partners, STR8FIRE.
Plume ($PLUME)
Last but not least, we’re taking a look at Plume Network, an innovative blockchain platform designed to address key challenges in scalability and decentralization. It aims to revolutionize the decentralized finance (DeFi) space by offering solutions that empower users globally. Co-founded by Ava Lin, a former software engineer, and Victor Cruz, an economist with expertise in tokenomics, Plume Network brings together their combined experience to create a resilient new platform.
Key features of Plume Network:
- High Scalability: A unique mechanism ensures fast transaction processing, making it one of the most scalable blockchains.
- Enhanced Security: The network uses multi-layered encryption and advanced security protocols to keep user assets safe.
- Eco-friendly: Built on a Proof-of-Stake (PoS) consensus, Plume significantly reduces energy consumption compared to traditional Proof-of-Work (PoW) blockchains.
- dApp Support: Plume provides developers with the tools to create scalable, interoperable decentralized applications, fostering a growing ecosystem.
With a somewhat steady price since launch and some nice listings added to its inventory, including Bitvavo, this project too looks quite promising.
In conclusion, three more interesting projects Bitvavo added to their market!
