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Bitcoin News: BTC trading volume grows over the weekend, RenQ Finance (RENQ) launching on 22nd May

Updated on: 17 May,2023 05:16 PM IST  |  Mumbai
BrandMedia | [email protected]

Bitcoin (BTC), the most valuable cryptocurrency by market value, significantly increased trade activity over the weekend, hitting more than $50 billion on Sunday.

Bitcoin News: BTC trading volume grows over the weekend, RenQ Finance (RENQ) launching on 22nd May

This is a huge increase above the previous week's roughly $30 billion volume. The increase in volume corresponds with Bitcoin's (BTC) price rebound, with Bitcoin rising from a low of $26,700 on Friday to around $27,001 at the time of writing.


The weekend rise followed a volatile week for Bitcoin (BTC). Bitcoin's (BTC) price decreased by over 10% from $30,397 on Monday to $26,792 on Thursday. However, some analysts and investors remained optimistic about the long-term prospects of Bitcoin (BTC), citing its resilience and innovation. They also noted that the weekend volume surge indicated strong demand and interest for Bitcoin (BTC) among traders and investors, especially in the Asian markets. Some speculated that the upcoming launch of Bitcoin ETFs in the US could also boost the Bitcoin (BTC) price and volume shortly.


RenQ Finance: A Unified DeFi Platform With Massive Adoption


RenQ Finance is a community-driven organization that has raised over $19.3 million in its presale rounds, with the last stage getting sold out recently at an impressive rate. The project has the vision to democratize finance by providing a comprehensive suite of financial tools and services accessible to anyone with an internet connection.

RenQ Finance has already secured two centralized exchange listings on Hotbit and Bitmart, which will happen after the Uniswap listing. The schedule of these listings will be announced on the project's Twitter and Telegram channels.

Uniswap is one of the most popular and widely used decentralized exchanges in the crypto space. It offers several advantages for both users and projects. Users do not need to provide personal information or undergo KYC verification to trade on Uniswap. This makes it truly decentralized and accessible to anyone.

Uniswap is supported by almost all countries, unlike some centralized exchanges with geo-restrictions or bans.  Uniswap has a tremendous volume of trading activity due to the recent pumps in meme coins and other popular tokens. This creates more liquidity and better prices for traders.

Uniswap has a simple and user-friendly interface that does not require any complex steps or procedures to trade. Users can simply connect their wallets and swap tokens in seconds.

By launching on Uniswap, RenQ Finance aims to tap into the huge potential of the decentralized trading market and attract more users to its platform. The project believes this decision will be a game-changer for its growth and success.

Take advantage of this opportunity!

RenQ Finance is a promising project with a clear vision and roadmap for the future. The project has a solid team with a track record of success in the crypto industry and partnerships with other reputable projects and service providers. The platform's innovative approach to DeFi has also caught the attention of investors and experts alike.

If you want to be part of this exciting project, mark your calendars for 22nd May 2023 at 5 pm UTC, when RenQ Finance will launch on Uniswap. You can join the project's social media channels for updates and announcements.

Visit the links below for more information about RenQ Finance (RENQ):

Website: https://renq.io

Whitepaper: https://renq.io/whitepaper.pdf

Telegram: https://t.me/renqfinance

Twitter: https://twitter.com/RenQ_Finance

 

 

“Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.”

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