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The surge of the Cindicator token (CND): Exploring the 60% growth – Organic expansion or strategic play?

NewsBTC by NewsBTC
4 months ago
in Company News
Reading Time: 2 mins read

Representatives of the Cindicator project found themselves in the spotlight following the unexplained surge of the company’s token (CND) over the weekend. In a short period, the token’s price skyrocketed by an impressive 61%, generating interest from both the media and investors.

The co-founder, Mike Brusov, recently shared his thoughts on the value surge:

“Over the weekend, Cindicator’s token (CND) increased 5x. We, as a company, have no explanation of this as we do not engage in market-making. The token itself emerged in 2017 when Binance offered a free listing for our token. Later, we got listed on several exchanges, including Uniswap and HitBTC,” stated the co-founder.

Mr. Brusov also noted that the company currently has no plans for a token sale and is fully focused on developing and enhancing its product. Since 2017, Cindicator has been actively involved in creating artificial intelligence and hybrid intelligence products, possessing deep expertise in this field.

Currently, artificial intelligence (AI) technologies are experiencing a boom, which might explain why investors prefer projects with more significant financial experience and a strong customer base.

“We are pleased with the performance of our AI trading bot and are actively expanding our marketing efforts while preparing for new partnerships. Though we haven’t made any official announcements yet, rumors may have already leaked into the market,” added the co-founder.

Cindicator has been developing high-end products and technologies for years, yet their marketing campaigns lacked endurance, hindering their recognition and acknowledgment. However, now is the time when the project is starting to attract the attention it deserves.

Regarding the company’s prestige and reputation, it’s worth noting that Cindicator has a prestigious partnership with Bloomberg in the field of crypto analytics. In 2019, Cindicator became one of the main providers of crypto analytics indicators for Bloomberg. This partnership speaks to the quality and significance of Cindicator’s innovations.

Furthermore, the company’s expertise in cryptocurrency trading deserves a spotlight. Cindicator is engaged in the development and application of technologies at the intersection of blockchain and financial trading. Since 2015, the tech company has been creating valuable and efficient solutions that remove the headaches commonly found within the traditional finance sector.

Today, with the market ready for such technologies, the company is prepared to showcase its value and prospects. By bringing their achievements, expertise, and market potential to the forefront, Cindicator aims to demonstrate its worth across the globe. Despite facing numerous competitors, they have spent years fine-tuning their products and technologies. Now is the time for Cindicator to rise to the top and receive the recognition it deserves.

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