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Highlights
- Unido EP (UDO) is an all-in-one platform that addresses the governance and security challenges of DeFi applications.
- Launched earlier this year, Unido EP crypto is supported by the team of Strategic Partner, DuckDAO.
- UDO is ranked 900 on CoinMarketCap, and it is currently trading at US $0.449564 with a 24-hour trading volume of US $8,329,581.
Unido EP (UDO) is an all-in-one platform that addresses the governance and security challenges of DeFi applications. It gives the opportunity to enterprises and institutional investors to manage, store and seamlessly invest in cryptocurrencies. The multi-user key signing technology gives the users distributed security and corporate governance of their assets.
On Thursday, Unido EP witnessed a rally, following its partnership with Blockster, which has attracted a lot of institutional investors to its platform. The institutional investors have also brought in huge volumes, and it is visible with a 377.05% rise in its volume as per CoinMarketCap
What is Unido crypto?
Launched earlier this year, Unido EP crypto is supported by the team of Strategic Partner, DuckDAO. Powered on a Polkadot, Unido EP crypto enables enterprises to seamlessly manage their crypto assets through an enterprise-grade platform with a suite of DeFi and crypto banking management tools.
Will Unido EP (UDO) crypto’s rally last for a while?
Backed by its multi-key signing technology, the Unido EP crypto allows the institutions to invest in DeFi and manage their crypto banking operations from one platform. Its distributed signing technology provides cold storage levels of security for business transactions with its easy-to-use app. Besides, it also offers a multi-user governance structure that maps institutions’ governance systems to their respective asset management protocols.
As Polkadot powers it, the interoperable products offer the users single-point access to the entire DeFi industry on multiple blockchains. With crypto investing broadening to newer areas, institutions are often susceptible to security breaches. This is where Unido EP offers a suite of Crypto Banking. Unido Core provides authenticated access, thereby enhancing the levels of governance and security for any distributed app involved in blockchain authentication.
How is Unido EP faring in the market?
Unido EP (UDO) is currently trading at US $0.449564 and was up by 91.64% at the time of writing (BST 7:30 am). It had a 24-hour trading volume of US $8,329,581 with a live market cap of US$21,194,666 and a circulating supply of 47,144,968 UDO coins.
According to market experts, Unido EP, being new to the market, still has a long way to go before it gains investors’ trust. But with the technology and security advancement, it can provide solutions to institutional investors in cryptos that would give good returns. As the investments are protected, investors can rely on it.
But for now, the new token needs a sustained rally for the investors to flock in.
