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One-stop DeFi ecosystem Spike Inu Goes Live on Coinmarketcap

CryptocurrencyNov 20, 2021 03:00AM ET
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One-stop DeFi ecosystem Spike Inu Goes Live on Coinmarketcap

Decentralized finance platform, Spike Inu, finally goes live on Coinmarketcap, shortly after listing on Coingecko early this month. The project offers a one-stop ecosystem that includes DeFi apps, NFT marketplaces, and a multichain wallet. The platform also features a decentralized exchange, or DEX, that allows users to easily swap ERC-20 tokens across multiple blockchains.

Announced Thursday, Spike Inu is the latest project to gain a listing on two of the top data aggregators - Coinmarketcap and Coingecko. The listing aims to help the project boost adoption and gain user engagement across crypto communities.

Spike Inu launched in May 2021 providing crypto users with new and trending next-generation applications in the DeFi space. The platform allows users to trade cryptocurrencies across different networks without the need for intermediaries. Via its cross-chain platform, users can trade multiple cryptocurrencies on Ethereum, Avalanche, Fantom, BSC, NEAR Protocol, Polygon, and other blockchains. The platform maintains secure, fast, and cheap transactions across the blockchains.

Additionally, Spike Inu also has a native token, Spike Token ($SPKI), an ERC20 meme token that promotes decentralization on the platform. Holders of the token also get specific rewards linked to the transactions involving decentralized wallets on the platform.

Spike Inu aims to revolutionize the DeFi ecosystem
As alluded to, Spike Inu is a one-stop shop for everything DeFi. The platform features its decentralized exchange, Spike DEX, which combines the value of centralized and decentralized architectures to improve user experience and make the platform easy to use. The DEX employs a multichain structure allowing users to trade across Binance Smart Chain, Ethereum, Solana, Polygon, Near Protocol, and Fantom. This means users can swiftly swap tokens on one platform without high gas costs incurred. Additionally, the platform offers users high liquidity to trade high volumes and complete multiple trades. In the future, Spike Inu plans to introduce decentralized leveraged trading with 20X leverage for all platforms.

The platform also includes a decentralized NFT marketplace allowing users to mint, buy, and sell non-fungible tokens (NFTs) freely. Spike Inu’s NFT marketplace aims to revolutionize the NFT ecosystem by allowing users to exchange NFTs for other NFTs and crypto. Users can also use this avenue to trade their metaverse products. For new users in the space, Spike Inu introduced a special tool that helps users mint and create NFTs without the complexities of learning how to code.

Spike Inu provides non-custodial services and requires users to connect their Metamask wallets to swap, stake, and earn from the platform. Users can also buy Spike Inu token ($SPKI), native to the platform, by connecting their wallet and swapping with Ethereum (ETH) on Uniswap.

Apart from diversification of products and multichain ability, the platform has a strategy for raising money for charity. It plans to maximize on different events such as auctions, marketplace events, votes, and NFT creativity contents, and use that revenue for charity.

Finally, Spike Inu also includes a non-custodial wallet that features multiple security layers and an intuitive user interface to store, send, swap, buy and trade their cryptos efficiently. The wallet is made with a high-security mechanism with biometric security and a private key to secure users' data. Additionally, the wallet allows users to directly swap ERC20 tokens and DApp integration allowing users to participate on any DeFi app.

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One-stop DeFi ecosystem Spike Inu Goes Live on Coinmarketcap

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