Gate Lists DeepNode (DN) to Expand Trading Features
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Trading Infrastructure Expansion: Gate has listed DeepNode (DN) for spot trading with the DN/USDT pair, aiming to enhance market liquidity and attract more traders by expanding its trading infrastructure.
- Funding Support Background: DeepNode has secured $5 million in funding to build a decentralized AI network, utilizing PoWR to reward useful AI models across sectors like healthcare, fraud detection, and crypto trading, showcasing its strong market potential.
- Market Dynamics Impact: Although DN-specific leveraged products remain unconfirmed, the existing derivatives options on the Gate platform will provide users with more trading opportunities, expected to increase liquidity and potentially trigger market volatility.
- Technological Innovation Expectations: With DeepNode's focus on decentralization via Ethereum Layer-2, the market's anticipation for its technological enhancements is growing, drawing parallels to the historical success of similar AI-narrative tokens like RNDR, which may lead to broader market repercussions.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
