The token spiked sharply higher against the U.S. dollar in the last 24 hours, moving from nearly 0.25 to over 0.38.

The ERC-20 CRPT token was among the Top 5 daily gainers as of the time of this writing, adding 44.88 percent at $0.3741.

This sudden increase in the token price seems like a new attempt of CRPT to break above the $0.50 resistance level, last reached on July 13 following the announcement that Crypterium burned 100,000 CRPT.

The CRPT burning process is regulated by a Smart Contract. You can find monitor the number of tokens burned each week with the Crypterium App. Launch the app and click on “Burning Chart” in the “CRPT” section.

As seen on CoinMarketCap, the 24-hour volume for CRPT stands at $2,173,169, with the total circulating supply around 83,850,230 CRPT.

The ongoing collaboration with Binance is also a factor that could affect the token’s performance. As you probably already know, Crypterium is now fully integrated with Binance Chain and we’ve enabled a free-of-charge token swap so that holders can easily move from ERC-20 to BEP-2.

Owning BEP-2 CRPT tokens allows you to trade on Binance DEX — the world’s fastest decentralized trading platform. By the way… Do you remember about the trading competition? There is a prize pool of 170,000 CRPT to be distributed among ALL participants. That’s right, even if you trade small accounts. Joining is simple: go to Binance DEX and start trading CRPT. You can monitor your position on our real-time leaderboard.

About Crypterium

Crypterium is leading fintech startup awarded by KPMG and H2Ventures. Our goal is to ensure anyone can store, send, exchange and spend digital currencies with the same ease as traditional money.

Crypterium is led by the former General Manager of Visa Central & Eastern Europe, Steven Parker, and C-level executives from global financial institutions like Renaissance Insurance, London Derivatives Exchange, American Express, etc.

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