The decentralized stablecoin system Lista, formerly known as Helio Protocol, has seen a significant surge in its token price, reaching a new high of $0.8456. This marks a substantial increase from its initial price of $0.565, demonstrating strong market interest and investor confidence.
The surge in Lista’s price can be attributed to its successful rebranding and listing on various exchanges, including Binance. DWF Labs played a crucial role in ensuring liquidity by strategically transferring 10 million LISTA tokens to different exchanges. With a total supply of 230 million tokens, Lista now boasts a market capitalization of approximately $162.6 million.
Since its airdrop and listing on centralized exchanges, the price of LISTA has surged by 37%. Spotonchain, an on-chain data tracking platform, reported that 59% of the claimed airdrop tokens were distributed to 12 receiving entities, with 25 million LISTA tokens, valued at $16.8 million, already sold off through decentralized exchanges or deposited to major platforms like Binance and Bitget.
The rebranding of Helio Protocol to Lista has been met with positive market response, showcasing the growing confidence in Lista’s potential among investors. This success story highlights the importance of strategic rebranding and market positioning in the cryptocurrency space.
Please note that this article is not trading or investment advice. It is always recommended to conduct thorough research before investing in any cryptocurrency or related services. Stay updated with the latest news in the Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse sectors by following us on Twitter @nulltxnews.
