On July 26, 2024, at precisely 12:43 PM UTC, PlatON (LAT) experienced a remarkable breakout, surging by 23.90% to reach a price of $0.0104. This significant price movement marks a pivotal moment for the blockchainbased platform, known for its emphasis on privacy computing and open financial infrastructure. The surge was driven by a confluence of strategic developments and market dynamics that have positioned PlatON as a key player in the Web3 era. On July 26, 2024, PlatON (LAT) experienced a significant breakout, surging by 23.90% to reach a price of $0.010445404671705584. This surge can be attributed to several key developments that have bolstered the platform's market position and investor confidence. The following are the main reasons behind this breakout, each accompanied by detailed insights and visual evidence to support the analysis:
INDODAX listing in populous market: The listing on INDODAX, the largest exchange in India, is driving up trading volume and market cap, boosting $LAT price. This listing has provided significant exposure to a vast and active market, leading to increased trading activities and investor interest.
The INDODAX listing marks a pivotal moment for PlatON, as it opens up access to a large and dynamic market. This move not only increases the liquidity of $LAT but also enhances its visibility among potential investors. The exchange's robust infrastructure and user base provide a solid foundation for sustained growth and adoption of the PlatON ecosystem.
Successful pilot with TradeGo: On July 15, 2024, TradeGo and PlatON successfully completed a pilot project involving digital currency payments triggered by electronic bills of lading (eBL). This pilot demonstrated the platform's capability to handle complex, crossborder transactions efficiently and securely, showcasing its potential in realworld applications.
The pilot project with TradeGo highlighted the practical utility of PlatON's technology in streamlining international trade processes. By reducing transaction costs by up to 90% and mitigating market and credit risks, PlatON has proven its value proposition to businesses and investors alike. This successful demonstration has undoubtedly contributed to the recent price surge.
Community engagement and platform development: PlatON's active community and continuous platform enhancements have played a crucial role in maintaining investor interest and confidence. The team's dedication to expanding financial services globally and integrating with major platforms has fostered a vibrant and supportive community.
The active engagement within PlatON's community, coupled with ongoing developments and integrations, has created a positive feedback loop that drives further adoption and investment. The community's enthusiasm and the team's transparent communication have been instrumental in sustaining the momentum behind $LAT's growth.
In conclusion, the breakout of PlatON (LAT) can be attributed to strategic listings, successful pilot projects, and robust community engagement. These factors have collectively enhanced the platform's market position, driving up trading volumes and investor interest. As PlatON continues to expand its ecosystem and demonstrate its technological capabilities, it is wellpositioned for sustained growth in the evolving Web3 landscape.
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Explore the Core.
PlatON is a blockchain-based platform designed to serve as an open financial infrastructure, emphasizing privacy computing as a core technical feature. This initiative, driven by the LatticeX Foundation, positions itself as a pivotal protocol for the emerging Web3 era, focusing on safeguarding privacy while fostering the development and deployment of decentralized applications (dApps). At the heart of PlatON's architecture is its compatibility with the Ethereum Virtual Machine (EVM), enabling seamless migration and integration of Ethereum-based applications. This compatibility is complemented by the integration of the WASM virtual machine, which supports advanced programming languages, broadening the scope for developers to create sophisticated and efficient applications.
Spot the Main Event:
The team are thrilled to announce that PlatON ($LAT) will be added to the INDODAX - Indonesia Digital Asset Exchange marketplace! PlatON will continue to expand financial services globally.
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Oluwatosin BamideleTrade hard. Joy is coming
Explore the Core.
PlatON is an open financial infrastructure initiated and promoted by the LatticeX Foundation, aiming to become a major blockchain platform in the era of Web 3. It secures stability and performance on a par with that of the financial system, and provides cryptography-enhanced compliant digital asset management, multi-scenario encrypted payment and settlement solutions, as well as smooth and user-friendly experience for various types of Web3 native applications and applications/users migrating from Web2 to Web3.
Spot the Main Event:
Listing Alarm⏰ They are thrilled to announce that PlatON ($LAT) will be added to the INDODAX - Indonesia Digital Asset Exchange marketplace! PlatON will continue to expand financial services globally.
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GLORIA OLUWAFERANMITo God be the Glory
Explore the Core.
PlatON is a blockchain-based platform designed to serve as an open financial infrastructure, emphasizing privacy computing as a core technical feature. This initiative, driven by the LatticeX Foundation, positions itself as a pivotal protocol for the emerging Web3 era, focusing on safeguarding privacy while fostering the development and deployment of decentralized applications (dApps). At the heart of PlatON's architecture is its compatibility with the Ethereum Virtual Machine (EVM), enabling seamless migration and integration of Ethereum-based applications. This compatibility is complemented by the integration of the WASM virtual machine, which supports advanced programming languages, broadening the scope for developers to create sophisticated and efficient applications.
Spot the Main Event:
The team announced that PlatON ($LAT) will be added to the INDODAX - Indonesia Digital Asset Exchange marketplace. PlatON will continue to expand financial services globally.
📸 Show Us What You Found:
Abdulazeez MuhammadExplore the Core.
PlatON is a decentralized infrastructure protocol focused on privacy-preserving computation and distributed economies. It uses a native token called LAT to fuel and secure the network, incentivize nodes, and enable data trading and DApp development. PlatON's essence lies in its goal to construct a new generation of financial infrastructure by leveraging blockchain, privacy computing, and decentralization to enable secure data transactions and sharing, while incentivizing participation through its LAT token economy.
Spot the Main Event:
On the 25th of July,2024. INDODAX announced the addition of PlatON to their marketplace. This is a significant stride towards the advancement and development of the PlatON ecosystem. This announcement was made by INDODAX, it expanded the platON ecosystem to their community, the listing also boosted the integrity of the PlatON ecosystem, compelling investors to buy in.
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Ola VictoriaExplore the Core.
PlatON is an open financial infrastructure initiated and promoted by the LatticeX Foundation, aiming to become a major blockchain platform in the era of Web 3. It secures stability and performance on a par with that of the financial system, and provides cryptography-enhanced compliant digital asset management, multi-scenario encrypted payment and settlement solutions, as well as smooth and user-friendly experience for various types of Web3 native applications and applications/users migrating from Web2 to Web3
Spot the Main Event:
PlatON ( $LAT ) will be added to the indodax marketplace. PlatON will continue to expand financial services globally.
📸 Show Us What You Found:
shuaibu abubakarA dedicated learner!
Explore the Core.
Platon uses zero-knowledge proofs and a unique sharding architecture to enable private and secure transactions, while also providing high transaction throughput.
Spot the Main Event:
Listing announcement!! Team announcing that platon will be added to the INDODAX which is an Indonesia digital assets exchange market place, they also added that platon will continue to expand financial services globally.
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Kola LashStudent, Crypto Enthusiast
Explore the Core.
PlatON Network (LAT) is an open financial infrastructure aiming to become a major blockchain platform in the era of Web 3. It provides cryptography-enhanced compliant digital asset management, multi-scenario encrypted payment and settlement solutions, and a smooth user experience for various Web3 native applications. LAT is used as the payment and settlement token for online economic activities within the network. The PlatON Network (LAT) is used as the payment and settlement token for various online economic activities within the network. These activities include service and asset transactions, token transfers, and network governance. Additionally, LAT is used to pay transaction fees, which are then distributed as rewards to nodes that process and verify transactions, securing the network.
Spot the Main Event:
The visibility of the PlatON ecosystem has been greatly improved over the last few weeks, giving rise to sustained growth of the ecosystem. A series of activities including listings on different exchanges, partnership with TradeGo to pilot Digital Currency Payments Triggered by Electronic Bills of Lading have all contributed to the current breakout of the $LAT token. These initiatives mentioned above are geared towards improving the efficiency of the PlatON platform, and ensuring a global adoption of the ecosystem.
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Ajayi OlusholaExplore the Core.
PlatON is a blockchain-based platform designed to serve as an open financial infrastructure, emphasizing privacy computing as a core technical feature
Spot the Main Event:
They announced that PlatON ($LAT) will be added to the INDODAX - Indonesia Digital Asset Exchange marketplace! With PlatON to continue to expand financial services globally.
📸 Show Us What You Found:
Praise OlagbadunProfessional Author and Crypto Trader
Explore the Core.
PlatON is an open financial infrastructure with privacy-preserving computation at its core, and the LatticeX Foundation promoted it. It secures stability and performance on a par with that of the financial system and provides cryptography-enhanced compliant digital asset management, multi-scenario encrypted payment, and settlement solutions, as well as smooth and user-friendly experience for various types of Web3 native applications and applications/users migrating from Web2 to Web3.
Spot the Main Event:
The major reason for the current increase in the price of the token is the fact that they just got their token listed on the Indodax exchange platform. The fact that the Indodax exchange platform is also the biggest in the most populated country in the world, India, makes it a good market for their token. New listing usually comes with multiple activities that would increase the trading volume and market cap of the project, this is definitely a reason for the current increase in the price of the token.
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Overview
PlatON is a blockchainbased platform designed to serve as an open financial infrastructure with a strong emphasis on privacy computing. Initiated by the LatticeX Foundation, PlatON aims to be a pivotal protocol for the Web3 era, focusing on safeguarding privacy while fostering the development and deployment of decentralized applications (dApps). What sets PlatON apart is its dual compatibility with the Ethereum Virtual Machine (EVM) and the WASM virtual machine, enabling seamless migration and integration of Ethereumbased applications and supporting advanced programming languages.
Key Features
Privacy Computing: Core technical feature ensuring secure data transactions and sharing. EVM Compatibility: Allows seamless migration and integration of Ethereumbased applications. WASM Virtual Machine: Supports advanced programming languages for sophisticated application development. ZeroKnowledge Proofs and Sharding: Enhances privacy, security, and transaction throughput. LAT Token: Native token used for network security, incentivizing nodes, and enabling data trading and DApp development.
Use Cases: Decentralized Finance (DeFi): Secure and private financial transactions. Supply Chain Management: Transparent and efficient tracking of goods. Healthcare: Secure handling of sensitive medical data. CrossBorder Payments: Efficient and costeffective international transactions.
Recent Developments
TradeGo Collaboration: Successfully piloted digital currency payments triggered by electronic bills of lading, achieving significant cost savings and risk mitigation. Exchange Listings: Coins.ph: LAT/USDT trading available, expanding reach in the Philippines. Indodax: LAT token listed, enhancing market presence in Indonesia. Korean Exchange: Further expanding global financial services.
Market Impact
Increased Adoption: Successful pilots and new exchange listings are likely to drive user adoption and demand for LAT. Global Expansion: Listings on major exchanges in the Philippines, Indonesia, and Korea position PlatON for significant market growth. Cost Efficiency: Demonstrated cost savings in crossborder transactions could attract more institutional and retail users.
Risks and Opportunities
Challenges: Security Concerns: As with any blockchain project, potential vulnerabilities could pose risks. Market Competition: Intense competition in the DeFi and blockchain space. Opportunities: Innovative Solutions: Unique privacy computing and dual virtual machine compatibility offer a competitive edge. Global Reach: Recent exchange listings and successful pilots enhance credibility and market penetration.
Community Engagement
Active Community: Vibrant and diverse community with active discussions on platforms like Telegram, Discord, and Twitter. Engagement Strategies: Regular updates and announcements on social media channels to keep the community informed and engaged.
Conclusion
PlatON's innovative approach to privacy computing and its dual compatibility with EVM and WASM position it as a compelling choice in the blockchain space. Recent successful pilots and exchange listings indicate strong potential for market growth and user adoption. Traders should consider PlatON's unique value proposition, recent developments, and active community engagement when making investment decisions. The project's focus on privacy, security, and cost efficiency makes it a promising candidate for future growth in the Web3 era.
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.