Covalent Network is excited to announce the listing of its token, CXT, on several prominent centralized exchanges. This strategic milestone significantly boosts the liquidity and accessibility of CXT, marking a crucial step in Covalent’s mission to provide a robust, decentralized modular data infrastructure tailored for AI and secure, long-term data availability.

Key Takeaway:

1. CXT Token Global Expansion: Covalent's CXT token is now available on multiple major exchanges, enhancing its global reach and accessibility for traders and investors.
2. Listing Boosts Liquidity: The inclusion of CXT on Bitrue is expected to significantly increase liquidity, offering a more dynamic and stable trading environment.
3. Community Engagement and Growth: The expanded access to CXT fosters greater community involvement and supports Covalent’s mission of driving innovation in AI and modular data infrastructure.

Enhancing Global Reach

Covalent’s CXT token is now available for trading on several key platforms, enhancing its reach and ensuring seamless access for a global audience. These listings enable traders and investors worldwide to engage with CXT, promoting greater staking and delegation participation within the Covalent Network, targeting a staked amount of approximately 35% of all circulating tokens.

What is Covalent?

Covalent is a leading modular data infrastructure layer dedicated to addressing major challenges in blockchain and AI, including verifiability, decentralized AI inference, and long-term data availability. Its extensive reservoir of structured, verifiable data enhances decentralized training and inference, reducing the risk of manipulated or biased AI models. Additionally, the Covalent Network’s Ethereum Wayback Machine ensures secure, decentralized access to Ethereum’s transaction data. Trusted by over 3,000 leading organizations, Covalent powers AI, DeFi, GameFi, and more with unfettered access to on-chain data from over 230 blockchains.

Ensuring Ethereum’s Long-term Data Availability

Covalent ensures sustained access to Ethereum’s historical data, crucial as protocol changes shift data responsibilities outside the core network. Through a decentralized, cryptographically secure network, Covalent provides comprehensive historical and real-time data for Ethereum and other blockchains, leveraging technologies like Block Specimens and the GoldRush API.

Data Verifiability and Accuracy

Covalent prioritizes data accuracy with cryptographic proofs, ensuring network operators provide reliable data. As a pioneer in proof-based systems for data middleware, Covalent sets a new standard for data verifiability, essential for the evolving web.

Modular and Extensible Data Solutions

By decoupling blockchain data storage with “Block Specimens,” Covalent allows efficient data enrichment without resource-heavy nodes. This standard data model fosters innovation, enabling users to remix and extend data like any other asset.

Bitrue Listing CXT Token

Adding to this momentum, Bitrue will also be listing the CXT token. This listing on Bitrue is anticipated to provide additional liquidity and trading opportunities for CXT, further broadening its reach and impact. By listing CXT, Bitrue supports innovative projects and provides its users with access to promising tokens. The addition of CXT to Bitrue's platform will enable more traders and investors to engage with Covalent’s vision, enhancing the token’s visibility and adoption.

Strengthening Market Dynamics

Bitrue’s extensive user base and active trading environment are expected to improve CXT’s liquidity, leading to more efficient and stable market interactions.

Increasing Credibility

Being listed on Bitrue, a well-regarded platform, can bolster the credibility of CXT, attracting a wider range of investors and building greater trust in the token.

Expanding Community Involvement

The availability of CXT on Bitrue will provide more users with the opportunity to engage with the Covalent Network, promoting wider community participation and support.

Advancing Covalent's Vision

The listing of CXT on these major exchanges, including Bitrue, marks the beginning of an exciting new chapter for Covalent. By enhancing liquidity and accessibility, Covalent is well-positioned to drive deeper innovation in AI and modular data infrastructure. The increased visibility and trading opportunities are expected to attract new participants, further strengthening the community and accelerating the network’s growth.

Acknowledging Community Support

The Covalent team extends its gratitude to its community for their unwavering support and active participation. The successful listing on these platforms is a testament to the collective effort and commitment of the Covalent community. As Covalent continues to innovate and expand, the support and engagement of the community remain crucial to realizing its ambitious vision.

Conclusion

The global expansion of Covalent's CXT token through its listing on several major exchanges, including Bitrue, marks a significant milestone in the network's journey. This strategic move not only enhances the token's liquidity and market presence but also reinforces Covalent's commitment to driving innovation in AI and modular data infrastructure. 

The increased visibility and trading opportunities are set to attract a wider audience, fostering a more robust community. As Covalent continues to evolve, the support and active participation of its community will remain pivotal in achieving its ambitious vision. Stay tuned for more exciting updates and be part of this transformative journey by engaging with CXT on Bitrue and other platforms.

Don't miss out on the future of AI and blockchain! Buy CXT on Bitrue today and join a growing community driving innovation and secure, decentralized data infrastructure. Start trading now and be part of the revolution!

Latest Covalent News

• Covalent Network Migrates to New CXT Token to Boost AI Innovation

FAQ

Q1: What is the significance of CXT being listed on multiple exchanges?

A1: The listing of CXT on multiple exchanges increases its liquidity and accessibility, allowing more traders and investors worldwide to engage with the token.

Q2: How does the Bitrue listing benefit CXT holders?

A2: Bitrue's large user base and active trading environment enhance CXT’s liquidity and credibility, attracting more investors and providing a stable market for transactions.

Q3: What role does community support play in Covalent’s growth?

A3: Community support is crucial for Covalent’s innovation and expansion. The active participation and backing from the community help drive the network’s ambitious vision and growth initiatives.

How to Buy:

Bitrue Official Website:

Website: https://www.bitrue.com/

Sign Up: https://www.bitrue.com/user/register

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