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ForTube (FOR) Price Skyrockets Over 112% in a Day

ForTube (FOR) Price Skyrockets Over 112% in a Day
  • The price of ForTube (FOR) skyrockets over 112% in a day.
  • ForTube is a suite of distributed crypto-finance service protocols.

Crypto markets are showing bullish signals in the last few days. Most of the digital assets are surging in their prices. The scenario is the same for ForTube (FOR), the price of FOR skyrockets over 112% in a day.

FOR has shown great performance in the last 24-hours. According to CoinMarketCap, the FOR price is trading at $0.1259 with a 24-hour trading volume of $514,120,072, at the time of writing.

FOR
FOR/USDT Price Chart (Source: TradingView)

ForTube is a suite of distributed crypto-finance service protocols that works on an open-source blockchain ecosystem. Moreover, the platform aims to provide crypto-finance solutions to developers via its software development kit (SDK) and application programming interfaces (APIs) for decentralized application (DApp) development.

In addition, the platform provides solutions for cross-platform asset transactions, crypto-asset-backed stablecoin insurance, cross-chain communications, and many more. Even more, the Force Protocol project is a decentralized protocol layer which is created and managed by the Force Protocol Foundation Ltd.

Notably, the current price surge came after FOR’s partnership with DinoSwap. Along with the announcement of a 90-day liquidity mining campaign.

Furthermore, ForTube released its decentralized finance (DeFi) service on the Binance Smart Chain (BSC) in September 2020. More so, the ForTube provides many benefits, that includes the flexible support of globally popular cryptocurrencies that offers higher yield combinations and an upgraded algorithm and ledger structure that significantly decreases gas costs. In fact, FOR also has a robust technical structure with more secure smart contracts.

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Crypto trading has enticed Ananthi Reeta to write for CoinQuora. She consistently contributes news and feature articles. She has covered several different blockchain and crypto niches, especially altcoins.