Orchid coin, code-coded “OXT”, gained green yesterday and witnessed a 22% growth spurt just hours after it was announced to be listed on Coinbase.

Before the “Coinbase” platform issued its announcement of the listing, it was proceeding at a pace that is very similar to what is happening in general in the market, where it was trading at a value of $0.25.

The trading volume of OXT coin is estimated at 2.5 million OXT.

It seems that the coin jumped twice as much as it was in the early hours of this day, as it increased by 37.04%, to reach its price of about $0.70, and the total market value reaches more than 1 million dollars. As for its position on CoinMarketCap, it occupies the rank of 2043.

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Orchid was not popular before Coinbase announced the listing of the coin for trading on its platform.

There is also less information about the cryptocurrency on CoinMarketCap.

Despite this, many do not know the reasons behind Coinbase’s decision to list the cryptocurrency.

From the date of the announcement onwards, users of “Coinbase” and on all systems can store, receive, transfer, sell and trade “OXT” currency, which appeared in post Published by “Queen Base”.

The digital currency is available to users residing in areas supported by Coinbase except New York.

Information about the Orchid project:

The Orchid Project was created in 2017 with the goal of making the Internet accessible and open to all.

The network offers a decentralized “VPN” service that connects individual Internet users to a wide range of bandwidth providers around the world, as the Orchid platform explains on its official website.

Those providing the bandwidth service on the Orchid network are the ones with the ability to share Orchid tokens and act as nodes for the network.

Orchid, an open source network, aims to eliminate centralization while rewarding network contributors and use the power of blockchain technology to provide advanced privacy to users around the world.

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With the “Orchid” project, users are empowered to understand and control all network activity on their personal computers without any form of monitoring, mediation or censorship.

For OXT coin is ERC20 token.

Anyone who wants to use the Orchid network needs OXT coins, the Orchid app, and a Web3 crypto wallet.

Eligible Coinbase customers can earn $6 in OXT coins when they read about the token and take some tests about it.

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