JEW Coin actively support the development of the entire blockchain industry

Over the past few months, the cryptocurrency market has demonstrated rapid growth.  According to Coinmarketcap, over the past 2 months, the price of the first Bitcoin cryptocurrency has recovered to $46,000 (more than 80%), the second largest cryptocurrency by capitalization, Ethereum, is trading around $3200.

The segment of decentralized finance shows significant development. According to Defipulse, the amount of blocked funds in DeFi at the moment is about $79.56 billion, at the end of June this amount was $55 billion.

By a quick observation of the current digital market, one can notice the emergence of new projects that actively support the development of the entire blockchain industry, for example, JEW Coin. 

The project’s ecosystem is built on the concept of archiving the cultural and religious heritage of the Jewish people. Over the past 2 months, the project has demonstrated significant progress in its development to provide users with effective tools for easy entry to the magnificent DeFi world, along with making a huge contribution to the cultural development and art digitalization.

Thanks to the active work of the development team, JEW Coin DAO received a development grant from the Polygon Network team. Furthermore, JEW Coin formed a multifunctional DAO ecosystem that received support from Huobi ECO Chain.

The token was added to the PancakeSwap exchange on May 28, 2021. Then, in a day, it achieved about $6 million in capitalization, taking leading positions on Dextools and PancakeSwap. In a short time, the JEW Coin DAO has gained about 2,000 users and holders, and the price of the JEW token has increased by 24% over the past week.

JEW Coin DAO is making waves due to the implementation of the world’s first digital crypto-amulets implementing the NFT technology. Recently, the project released a collection named “Jewish Digital Hamsa” that is tradable on the Raible and OpenSea platforms. By this activity the project takes the initiative to promote the main ideology of Jewish cultural values and identity throughout the cryptocurrency space.

It is also noteworthy that at the moment, the project has been supported by authoritative rabbis and even politicians, including Israeli Finance Minister Avigdor Lieberman and the leader of the Our Home Israel party Inna Silbergerz. The JEW Coin DAO team handed them physical certificates for the possession of the first NFT crypto amulets.

The project continues its active development, attracting new influencers, like-minded people, integrating more functionality. Recently, JEW Coin partnered with one of the promising services for trading, storing and monitoring cryptocurrency portfolios – Broex. The company created a single gate focused not only on the leading cryptocurrencies, but also on the assets of the decentralized finance market. Working together with Broex lets users buy JEW Coin directly from VisaMasterCard bank cards .