In recent times, decentralized exchanges have garnered major interest from developers due to the simple reason that it is easier to get listed and the possibility of investing in new projects.
One of the projects that has particularly benefitted from a decentralized listing in recent times is iExec RLC. The project is a decentralized blockchain-powered cloud computing network and recently, it had been listed on a range of decentralized exchanges.
It is also an indication that listing on such decentralised exchanged can often lead to quick price appreciation. Back on May 4, the RLC token was trading at only $3.16 each, but since then it has gone on a pretty remarkable rally. As per data from reliable sources like TradingView and Cointelegraph Markets Pro, the token has surged by as much as 430% from its lowest point and hit $16.50 a token. Investors and traders could consider keeping an eye on RLC over the coming days.