I promise you after reading this article you will know the essence of storing SLP tokens and also a valuable assets for future use.

for over 2 years now, The simple ledger protocol ( SLP) Token universe has grown quite fast. There are now more than 6,000 SLP Token in existence and a number of SLP Tokens have seen Price Of Discovery Moreover, Tokens listed On SLP Markets capitalization aggregator show in the last two months on SLP valuations has Doubled.

Data show SLP Token Market Cap Doubled in Value

Since August 2018,The simple ledger protocol (slp) ecosystem has continued to grow relentlessly and there have been 6,196 tokens created since this protocol,s inception The slp system is appreciated by BCH components because it's built on top of Bitcoin case network, But SLP doesn't interfere with the chain's consensus rule . Essentially, The protocol uses Metadata the thread to op- Return transaction on issuance, and every time an SLP Token is sent or received. Since launch, a handful of popular SLP tokens have seen Price Discovery and numerous SLP Token have been listed on various cryptocurrencys exchanges. Currently, a number of SLP tokens are listed on exchanges.Like Bitcion.com Exchange,Digifinex,Altilly,Coinex,Sideshift.ai,crypto DHyly,and coinsuper.

Since a number of SLP tokens have gaved value, they are now listed on markets. Bitcoin.com's Featured token page. At the time of publication, there's a total of six SLP tokens listed on the market cap portal: FLEX COIN ( FLEX) ,GOCRYPTO ( GOC) ACD COIN (ACD ), SAI (SAI ), SPICE ( SPICE), and HONEST COIN( USDH). Flexcoin is a platform token that was created by the trading platform COINFLEX. The token Is meant to reward trader's based on the porportion of the person's trading volume Each Flex is worth $0.34 today and the market capitalization is roughly $34 million. The second largest market valuation For an SLP Token is GOCRYPTO'S GOC, which is a coin that can be spent at any of the hundreds of GOCRYPTO'S locations in several countries. GOC is trading For $0.03 per token and the GOCRYPTO market cap is $12 million.

ACD coin is An SLP Token issued by the Tokyo's based Alliance Cargo Direct and the token can be used alongside BCH at online and brick- and - mortar merchants in Japan and worldwide. ACD has partnered with Alchemy to continue boosting ACD merchants acceptance. Currently, each ACD is swapping For $0.26 per token and has a market valuation of around $5.2 million. The fourth Largest SLP market cap belongs to the sideshift.ai's native to Ken Sai, another platform coin meant to reward sideshift users and further the swapping platform's development. Today one SAI is swapping for $0.04 and the entire market cap is $492,000. The token spice is an appreciation coin developed by an annonymous developer For the community. The token first appeared when people started tipping with the coin in coinspice Telegram chat room. Since then, it's been listed on exchanges and people can use it to tip individuals on twitter as well. A single SPICE Is going for $0.00032679 on global exchanges and has a Market valuation of $316 000.

GROWING INTEREST IN SLP TOKEN SOLUTION

The last SLP Token on the market capitalist is USDH, a regulated stable coin built on top of the Bitcoin cash Network. Honestcoin (USDH) was created by the Honestrode team USDH and is backed by USD within a 1:1 ratio. News .Bitcoin.com reported on several occasions during our recent market updates that USDH has steadily been growing as far as being paired with BCH is concerned since HONEST coin is a stable coin, the price of USDH on markets.Bitcion.com is roughly $1 and USDH as an overall market capitalization of over $46,000.

In the last two months, SLP valuation listed on our featured Token page have double and it shows there's a growing interest in SLP Token solutions. Injust a short period of time, the SLP environment has seen a bunch of development and innovation doesn't seem to be slowing down also with a bunch of newly listed slp tokens, user who wish to store these new digital assets doesn't have to keep them on exchange.The Bitcoin .com wallet is already supporting SLP Token's and can also be stored on non-custodial using badgerwallet,if wallet, Electron cash, Honey points and the crescent cash wallet.

I Hope this articles helps you.

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