Since 2021 exploded onto the scene and skyrocketed the crypto market to highs by no means seen earlier than, there’s one change token that’s actually going for it – CoinMetro’s token (XCM.) The value has elevated an eye-watering 1416% in simply a few months. If we check out 10 of the highest climbers from Cryptoslate’s itemizing of change tokens, XCM beats out the likes of Binance, Uniswap and Huobi.
So, how did CoinMetro, this giant-killing, trader-focused crypto change place itself to steal the lunch cash of a few of the very largest names within the enterprise?
Prospects, Group and Confidence
CoinMetro founder and CEO, Kevin Murcko, factors to nice customer support (one thing that’s lamentably ignored within the cryptosphere), investor and group confidence and having the options that crypto merchants are searching for.
“CoinMetro is slightly distinctive: we’re a regulated change offering a number of fiat on and off-ramps, even for US merchants. CoinMetro helps USD; EUR, GBP and AUD. In relation to crypto – XRP buying and selling, along with the majors, we additionally concentrate on new tokens with nice promise” he mentioned.
“I’m additionally actually happy with CoinMetro’s assist staff, who’ve helped us obtain a near-perfect 4.9 on Trustpilot. We genuinely care about our prospects and I believe that is mirrored, not simply in suggestions, but additionally the general confidence all through the broader group, merchants and buyers alike”, he continued.
“Everybody has a crypto assist horror story it appears. For me, the mission was to construct a crypto change the place our buyer assist staff solves your drawback and actually cares about you. I can say with confidence that we’ve achieved that and we continue to grow our staff as we go alongside, ensuring all our prospects get a response and an answer in a well timed method.”
Success Past Value
Past XCM’s dramatic worth enhance, there’s clearly been an amazing quantity of labor occurring behind the scenes. Rolling out new merchandise and doubling down on what’s working means CoinMetro enjoyed a growth rate increase of 620% year-on-year in 2020.
CoinMetro additionally efficiently accomplished a crowdfunding marketing campaign in the beginning of this 12 months, to additional supercharge their already stellar development efficiency and including a pleasant little bow to an already nice 2020.
Pulling in prospects sooner than ever, and making constant enhancements to the product netted them a 52x enhance in income between January 2020 and January 2021.
So the indicators are clear: you place within the work, you construct and assist an incredible group round an incredible product, on the proper time, and also you take pleasure in success.
The Street Forward for XCM
As all of the transaction charges on the platform are tied to the CoinMetro token XCM. They’ve nice plans forward similar to staking and plenty of different DeFi plans within the works for 2021. There’s additionally large assist from their group and buyers in going lengthy for XCM. This can be a few of the the reason why XCM, the CoinMetro token jumped from $0.04 to $0.72 ($0.49 on the time of writing) in only a house of some months.
The largest winner within the change token battle is clearly XCM – worth is up 14x this 12 months, comparatively, different change cash such because the BNB coin has additionally seen large development this 12 months already, as have many different cryptos. BNB has risen in worth over 7x this 12 months. Huobi token’s development between this 12 months’s highs and lows has been over 3x. OKEx Chain nevertheless has reached a slightly modest 50% enhance this 12 months.
CoinMetro has huge plans forward for 2021 each due to the expansion of the corporate and the current funding spherical. You’ll be able to learn extra on their plans forward this 12 months within the CoinMetro Q1 2021 Roadmap. There will likely be numerous new high-quality, hand-picked tokens listed on CoinMetro this 12 months. Along with this, they’re additionally hinting about additional licensing and getting into the B2B house into This autumn.
2021 appears to actually be the 12 months of CoinMetro.