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Purple Merchanta US-based platform focused on trust and transparency in the crypto world, has announced its release Social Token Report for 2023. According to the report, the ecosystem received more than $403 million in venture capital funding, which has helped develop tools, platforms and exchanges to lay a foundation for future growth.
The Social Tokens report also highlights an increase in new partnerships and membership growth across the ecosystem in 2022, indicating a promising future for social tokens. It covers several coins, including $APE, $GCR, $FWB, and $CULT, and offers valuable insights to help traders make informed investment decisions.
The PurpleTrader report found that sales of fan tokens have increased despite the bear market, indicating that traders are investing heavily in social tokens. It also shows the rise of social tokens has opened up new opportunities for creators, brands and communities to engage with their audiences and monetize their digital content. PurpleTrader suggests that the social token ecosystem is witnessing a surge in partnerships and membership growth, laying the foundation for future growth.
Also, the Social Token Report predicts that this market will continue to grow. This suggests it will be interesting to see how creators and communities leverage new tools to build a thriving digital economy. Comprehensive reports such as the PurpleTrader Social Tokens Report offer valuable insights to help traders navigate the complex world of crypto and make informed investment decisions.
PurpleTrader can also announce that it recently secured $1 million in pre-seed funding from a top investor and is currently in an “alpha version”, offering airdrops for its early adopters. For more information, visit the PurpleTrader website. This press release targets journalists and media outlets interested in covering news and trends in the cryptocurrency market.
“As the social token market matures, we are seeing increased interest from traders and investors recognizing the potential of this digital asset to revolutionize the way content creators, brands and communities interact with their audiences. Our report provides valuable insight into the social token ecosystem, highlighting key trends, opportunities and challenges for traders looking to invest in this exciting market.,” André KostaCEO and Co-founder at PurpleTrader.
About PurpleTrader:
PurpleTrader is on a mission to help people confidently build their Web3 and utility token portfolio first. PurpleTrader is an exchange that understands this market and puts traders first by making tokens easier to find and easier to use. The platform supports traders in making balanced and informed decisions using an unprecedented standardized metric system to balance social and financial aspects. PurpleTrader also features curated tokens that can only be found on DeFi platforms, making them quicker to find and easier to assess their reputation. Learn more about PurpleTrader at www.purpletrader.io
Contact:
[email protected] This press release was originally published on this site
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