Web3 platform Andromeda recently announced the listing of its native token, $ANDR, on the MEXC exchange.
The listing is a significant accomplishment for the Andromeda ecosystem, as it mirrors its growth over the last few months.
$ANDR Token Gains Exposure and Liquidity with MEXC Listing
The listing on MEXC also exposes Andromeda to the wider crypto community. MEXC has over 7 million users monthly, making it the perfect thrust for the new $ANDR token. The listing will also boost $ANDR’s liquidity as it will be more accessible to a wider audience.
🚀 Andromeda's listing on @MEXC_Official is LIVE! 🎉 Trade $ANDR on #MEXC now!
https://t.co/YPAVW6W5zP 🛰️💫#Andromeda #aOS #Web3 #Crypto $ANDR pic.twitter.com/qVmVXJp8r7
— Andromeda (@AndromedaProt) February 22, 2024
The $ANDR token is at the heart of Andromeda’s operations. It serves as a security tool for the layer-1 blockchain and a medium of exchange for users on the AndromedaOS (aOS).
As expected, the listing sparked massive excitement within the Andromeda ecosystem. A key contributor to Andromeda, Mant Hawkins, views it as a significant step toward the platform’s global visibility and adoption. He reiterated the team’s dedication to innovation and creating conditions that encourage blockchain developers and inventors.
Now a few hours in: $ANDR's volume is currently at $1.62mil on @MEXC_Official@coingecko shows 24Hr Trading Vol as $3,324,802 🤯 from #MEXC, @Shade_Protocol, @HelixApp_, & @TeamKujira (CG is missing @axvdex & @uraxyz_ 🤷)
Well done @AndromedaProt 🎉🚀https://t.co/y2T0KKOUhk https://t.co/hKEy2ebJhZ pic.twitter.com/4XLN69I7xb
— RoundTable21 (@21RoundTable) February 22, 2024
$ANDR currently trades at $1.38, with a 24-hour trading volume of $3,4 million. This impressive start serves as a pointer to what to expect.
What’s Andromeda about?
The Andromeda ecosystem is making waves in Web3, especially with its multi-chain operating system that it launched in 2023. Andromeda’s aOS is a suite of products, tools, and utilities that simplify a user’s interaction with Web3. It also speeds up the time it takes for developers and creators to launch their work by reducing the level of complexity of these projects.
$ANDR @AndromedaProt
The First Decentralized, On-Chain Operating System""An all on-chain and multi-chain suite of products, tools, and utilities enabled by a decentralized Operating System called #aOS, or #Andromeda Operating System"#aos #shade #Crypto $atom #BTC pic.twitter.com/jCHNXD2LDG
— m4rl0nfcb ⓣ 𝑅² (@m4rl0nfcb) February 18, 2024
Furthermore, Andromeda reduces months of development work into minutes. This way, developers can easily design and deploy their projects, saving both time and money. Interestingly, Andromeda’s impressive technology enhances interoperability and exposure for both dApps and Autonomous Decentralized Organizations (DAOs) across the Cosmos ecosystem.
For now, Andromeda has its eyes on improving its functionality while it is still in the testnet phase. The team plans to move the aOS to the mainnet at the end of Q1-2024.
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