With both a Binance and Coinbase Pro listing today, KEEP price jumped 18% in the last 24 hours.

Keep Network allows private data to be stored and encrypted on public protocols without sacrificing confidentiality. KEEP is the protocol’s native token and can be used to secure the network. Users can currently earn up to 234% interest by staking their KEEP.

KEEP generated a lot of attention when it first launched just over a year ago, surging to its all time high of $2.30 during its first week. Its price quickly fell after that and hit an all time low of $0.18 at the end of last year. Now, however, buying pressure has returned and KEEP price is up 18% in the last 24 hours and 127% in the last week.

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Why KEEP could be a good buy

Today, KEEP has been being listed on both Binance and Coinbase Pro, two of the largest cryptocurrency exchanges in the world. This will likely bring a flood of new investment to the token and traders are already taking advantage as KEEP’s trading volume is up 70% in the last 24 hours.

In other news, a Keep Network and NuCypher merger was confirmed this week and the update will bring better aligned incentives and more useful services. Thanks to these recent developments, KEEP is currently the fifth highest trending cryptocurrency on CoinMarketCap and its price could yet see further gains.

This post was originally published on Coinjournal.