Posted 11/24/2023, 12:12:00 PM
ChainFlip Token Soars Over 100% on First Day of Trading After $6 Million Raise
- FLIP token more than doubled in price on its first day of trading across several exchanges after being sold for $1.83 in August
- Trading volume for FLIP hit $79 million on day one
- ChainFlip aims to improve efficiency and reduce slippage when trading through automated market making
- ChainFlip works across blockchains without needing to bridge or wrap assets
- ChainFlip raised $6 million in 2021 from investors including Framework Ventures