In just five days, the IMPT token has registered a massive pump, and it is up by more than 100% during this time, according to CoinGecko. The token has been pumping amid a series of positive developments surrounding the IMPT project. Recently, the project confirmed that its carbon trading marketplace will go live in February 2023, igniting buying pressure.
IMPT carbon trading marketplace to launch in February 2023
One of the positive updates announced by the IMPT project’s CEO was that the platform is readying for launch in February next year. The platform’s launch will see IMPT emerge as one of the greenest cryptos in the market, resulting in a significant price pump as ESG investors rush to accumulate.
The IMPT team is also set to release the first screenshots of Use Case 1, which will provide the community with a glimpse of how the platform will function and how it will allow individuals and businesses to offset their carbon footprint.
The IMPT.io project is already endorsed by brands that want to pursue a green future through blockchain. To achieve this, IMPT has announced that it will release a list of the top 500 affiliate brands it will work with. It will also list the new additions it has made as the IMPT community continues to grow.
IMPT gains over 100% in five days
The IMPT token is up by 104% in the past five days. The token has been pumping as investors rush to be part of the green future promoted by the IMPT project. However, in the last 24 hours, the price of IMPT has retreated slightly after dropping by 5.7%. At the time of writing, IMPT was trading at $0.0147.
IMPT has traded between $0.012 and $0.016 in the last 24 hours, indicating a rise in volatility. The token’s trading volumes over the past day stand at over $1.2 million. More gains for IMPT could be on the way, given that the token will be listed on the Changelly Pro exchange later this week.
Given the robust fundamentals of the IMPT project and the developments expected next year, it is likely that we will see gains toward $0.02 as traders start taking long positions. Therefore, despite the broader market consolidating, IMPT could decouple and make its independent rally.
A blockchain-based carbon trading platform
IMPT is a carbon credit trading platform powered by blockchain technology. The platform has been created to bring efficiency to how consumers and businesses offset their carbon footprint.
On the IMPT.io platform, users acquire carbon credits by accumulating IMPT tokens. These credits are later issued as non-fungible tokens (NFTs). Users can trade these NFTs on the IMPT marketplace, hold them or burn them.
IMPT also plans to incentivize consumers by allowing them to shop responsibly with environmentally-conscious brands. Users can shop on the websites of over 10,000 brands that have partnered with the project. When shoppers buy from these platforms, they receive IMPT tokens.
Related
- How to Buy IMPT Token – Beginner’s Guide
- IMPT Exchange Listings Confirmed For 14th December
- IMPT Price Up 100% in 48 hours – Join the Crypto-Powered Carbon-Offset Revolution, Marketplace Live February 2023
IMPT - New Eco Friendly Crypto
- Carbon Offsetting Crypto & NFT Project
- Industry Partnerships, Public Team
- Listed on LBank, Uniswap
- Upcoming Listings - Bitmart Dec 28, Gate.io Jan 1st