By
Chimamanda U. Martha
April 25th, 2024
INXT , the native token of Internxt, has increased in price on 30% as April payments of the company’s product X Core have been successfully processed.
According to the latest data, INXT , the native token of Internxt, has increased in price on 30% as April payments of the company’s product X Core have been successfully processed. Now the token costs 31.48 against USD, 28.31 against BTC, 29.71 against ETH, with market capitalization reaching 1895931 USD or $342 BTC.
Internxt represents itself an ecosystem, where users can enjoy all the benefits of cloud services such as Dropbox, Google Drive or One Drive. The company’s cloud storage service X Cloud is one of the first real products in the world, which allows hosts to earn money on storing tokens and providing their computers as spaces for storage. This creates totally new token-based decentralized economy.
X Cloud was initially lauched at the beginning of 2018, with its alpha version officially released in January. Internxt sees the main goal of its project in revolutionizing the Internet by making it fully based on distributed and decentralized technologies. The project’s team guarantees total security of stored data and files, absolute privacy and simplicity of usage.
Following the successful launch of its absolutely free for users beta version, X Cloud rised in price as many companies, including Singaporean startup Boosto, education startup H-Network, digital payment system Wixlar, Estonian blockchain startup Musards and many others, started using the service. The first and even more upgraded stable version of X Cloud was launched in March this year.
A bit later in April, the company announced X Cloud new soon-to-come features, including X Cloud’s API, X Cloud for teams, updated website design, improved version of X Core, further optimized infrastructure, X Cloud’s iOS, Android & desktop apps and made INXT tokens available for storing in Samsung’s S10 built-in cryptocurrency wallet, Samsung Blockchain Keystore.
On April 24, Internxt announced on its official Twitter page that the company has started the process of getting listed in Binance, the world’s most popular cryptocurrency exchange. As the next step of its further development, Internxt plans to get listed into bigger and more credible exchanges.