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EcoFi

ECO
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News

TD Sequential Indicator Signals Potential Trend Exhaustion for PENGU

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The TD Sequential indicator has recently flashed a 9 buy setup for PENGU, suggesting potential exhaustion in the ongoing downtrend.
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Maria Fernandez

Traders Remain Divided Amid High Volatility in PENGU Market

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Traders remain divided amid high volatility in the PENGU market, with mixed positioning and cautious sentiment despite a technical buy signal.
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Gustavo Mendoza

PENGU Records Daily Loss Amid Market Pressure

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PENGU experiences a 9.12% daily loss, indicating ongoing market pressure and cautious sentiment among traders.
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Kenji Takahashi

Indonesia to Launch Bond-Backed Stablecoin with CBDC Rupiah

Indonesia to Launch Bond-Backed Stablecoin with CBDC Rupiah

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Bank Indonesia announces plans for a new digital asset functioning as a national stablecoin backed by government bonds.
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Rajesh Kumar

What is EcoFi?

EcoFi is an open-source, permissionless, and censorship-resistant protocol built to power safe and responsible innovation in the Decentralized Finance (DeFi) space. The EcoFi protocol is designed to equitably disburse value among system participants through a unique infrastructure hinging on infinite scarcity, made possible due to the unique mechanics of EcoFi's distribution mechanism. This is achieved by staking ECO tokens through the EcoFi protocol to mint SPRT tokens. SPRT tokens can be used to purchase digital goods from an ecosystem connected to the EcoFI Platform comprising numerous marketplaces. The first such marketplace will be the HyperObject FINE ART NFT Gallery, a one-of-a-kind digital art gallery featuring FINE ART NFTs backed by distinct physical editions. Once the marketplace is sufficiently stable, EcoFi will transition to a DAO governance model.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.