Will Huobi listing help CERE token attract investors?

3 min read | November 09, 2021 12:34 PM GMT | By Manu Shankar

Highlights

  • Cere Network is a unique blockchain CRM ecosystem platform, which is optimised for data integration and collaboration.
  • As a scalable network, it operates on a trustless system, to capture interactions between users (NFT) assets and other applications. As it's encrypted, it is tamper-proof in the nature.
  • Cere Network is governed by its native token CERE on CoinMarketCap. 

Cere Network is a unique blockchain CRM ecosystem platform, which is optimised for data integration and collaboration. A component of the Polkadot and Cosmos consortium, the Cere Network concentrates on the cross-chain interoperability between different blockchain networks. 

As a scalable network, it operates on a trustless system, optimised to capture interactions between users (NFT) assets and applications. As it's encrypted, it is tamper-proof in the nature. 

Cere Network has grabbed investors’ attention following its listing on Huobi, Kucoin & UniSwap. Cere was made available for trading on Kucoin, Huobi and UniSwap from 8 November.

Also read: How high can Star Atlas go after its recent rally?

What makes Cere Network so unique?

Cere offers access to customer data sets, which are encrypted through its blockchain. With its robust tools, Cere Network allows organisations to implement incentive and reward services into an app easily and facilitate user acquisition from one business to another. 

As there are no middlemen involved in the process, it also saves up on the transaction cost. Cere's open and on-demand data marketplaces make it easy for organisations to deliver consumer enterprise adoption through decentralised data clouds.

Also read: Feg token: A crypto worth investing?

How is Cere faring in the market? 

Cere Network is governed by its native token CERE on CoinMarketCap. According to CoinMarketCap, the CERE is trading at US $0.202177 with a 24-hour trading volume of US $110,792,754, with a fully diluted market cap of US $2,258,539,146.

Conclusion 

As CERE has a limited supply, it would be difficult to say if it's a good investment at this point. However, as CERE comes across as a decentralised data cloud (DDC) CRM blockchain ecosystem, it does have some utility. It gives the stakeholders complete control over the data and manages it on their own, thereby becoming the first platform to give businesses 100% control over data use or deployment.

Being an encrypted system, this crypto does come across with high security protocols. However, it will take time to gain the investors' trust and need a sustained run in the market, and the recent listing should give them some confidence to invest in the token. 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.


Sponsored Articles


Investing Ideas

Previous Next