The value of the ZetaChain venture token, an EVM-compatible layer-1 blockchain, soared after itemizing on the most important centralized exchanges (CEX).
In line with CoinMarketCap information, over the previous 24 hours, the token worth was $0.9042, or 64% greater than the day past. Additionally, on Feb. 1, the coin reached an all-time excessive of $1.21 after the announcement of itemizing on main CEXs, together with Bitfinex, OKX, and others. Buying and selling volumes for the token have skyrocketed, reaching over $60 million within the final 24 hours.
![ZetaChain's token surges by 64% amid crypto market decline - 1](https://crypto.news/app/uploads/2024/02/Screenshot-2024-02-01-at-12.38.41-1024x500.png)
In August 2023, ZetaChain raised $27 million in investments. Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Road Capital, VistaLabs, CMT Digital, Basis Capital, Lingfeng Capital, GSR, Kudasai and Krust participated within the spherical. The venture’s evaluation is just not disclosed.
On Jan. 31, ZetaChain introduced it might launch its mainnet inside “the subsequent few days.” The ZetaChain mainnet shall be built-in with varied chains, from Bitcoin (BTC) and Ethereum (ETH) to the Cosmos ecosystem blockchains. In line with the most recent announcement, BNB Chain is among the many initially supported networks.
ZetaChain plans to launch the main community quickly. In line with the builders, the latter is designed to mix Ethereum, Polygon, BNB Chain, Bitcoin, and Dogecoin.