- Wing soars 40% in 24 hours.
- It is a cross-chain DeFi lending platform.
- Wing’s first product to support asset lending is Flash Pool.
The price of Wing has risen to $19.16 for 40% within a day. This brings joy to the coin holders and is expecting a price hike in the upcoming days.
Wing is a credit-based, cross-chain DeFi lending platform focused on crypto-asset lending and cross-chain interactions between DeFi products. The decentralized governance model and risk control mechanism for the project are described in order to promote a mutually beneficial relationship between borrowers, creditors, and guarantors.
The Flash Pool, Wing’s first product, claims to support asset lending and has introduced the Insurance Pool to reduce asset risks. Users are said to be able to earn rewards in Wing from the Flash Pool by lending, loaning, and depositing. It currently accepts ONT, ETH, wBTC, USDT, and DAI as assets.
Current Price Statistics
The WING is currently trading at a price of $19.16 with a 24-hours trading volume of $44,504,049. According to Coinmarketcap, in the last 24 hours WING soared over 30% and it has a total market cap value of $33,605,411.
The current circulating supply of WING coins is 1,754,314. Besides, it holds the 493rd position in Coinmarketcap. The top exchanges for trading WING are Binance, Gate.io, OKEx, Hoo, and MEXC.
More so, the primary reason for the price hike might be the uncollateralized lending possibility with Ontology Network. Additionally, the announcement on upgrading the Ethereum version for Wing could be another reason.
Furthermore, with the surge in the price of WING, the coin holders are excited to see the changes in values. Users expect that the coin could rally more in the upcoming days.
