The ASSEMBLE Protocol (ASM) price shows massive gains after its listing on the Coinbase crypto exchange. More so, this listing came after the Coinbase Pro listing. After listing, the CEX and DEX platforms saw massive trading volumes peaking above $ 500 million at their peak, followed by listing on Gate.io, ranked 6th largest centralized exchange in the world.
ASSEMBLE Protocol, in essence, is a revolutionary platform for converting affiliate loyalty points into a single ASP reward point, which is then redeemed for the ASM token. In addition, the concept of bundling various miles and loyalty points into one unified digital wallet is already present in the South Korean market.
Historically, several South Korean companies have already tried to pioneer this industry by combining loyalty points and blockchain technology, but the ASSEMBLE protocol has been one of the most successful based on their track record. established. Currently, Apple and Android users are connected to their application through their database of approximately 750,000 users.
With its platform, ASSEMBLE connects the best companies from different industries on the Ethereum mainnet in addition to providing consumers with multiple ways to redeem points.
ASSEMBLE offers users the possibility to freely transfer their points or to purchase goods and services within the platform. In the recent past, the ASSEMBLE team has seen the introduction of a desktop version of the ASSEMBLE portfolio. Now users can redeem points and purchase electronic gift cards on the desktop, as well as in Android and iOS apps and mobile browsers.
Quick overview of ASSEMBLE’s achievements in 2021
The ASSEMBLES protocol saw the strongest growth in 2021. Coinbase Institutional announced earlier this month that it now supports the ASM token for cold storage and custody. This opened up the possibility of supporting its other platforms, especially Coinbase Pro.
ASM-USD / ASM-USDT have been added to the Coinbase Pro platform effective Wednesday, October 20, 2021. Coinbase noted in an official blog post that the Coinbase platform will support trading, which will take place on day after listing.
Users who have Coinbase Pro accounts, however, can use inbound transfers and deposit ASM. Additionally, the price of ASM rose 200% after listing Coinbase Pro as one of ASSEMBLE’s most crucial success factors. AMS trading volume increased by over 26,000% as a result of Coinbase listing.
David is a crypto enthusiast and a personal finance expert. He has created numerous publications for different platforms. He loves to explore new things, and that’s how he discovered blockchain in the first place.