On Saturday, former President Donald Trump announced that the World Liberty Financial (WLF) token sale will kick off on Tuesday, Oct. 15. In his post on X, Trump described it as a “chance to help shape the future of finance.” He also noted that an X Spaces discussion about the token launch will be aired […] Source CryptoX Portal
Tag: Token
Trump-Backed DeFi Project Set To Launch WLFI Token Sale October 15
Este artículo también está disponible en español. Former President Donald Trump foray into decentralized finance (DeFi) with his initiative, World Liberty Financial, has officially begun onboarding users, with a public sale of its WLFI token scheduled for October 15. This announcement comes as the project aims to raise $300 million at a valuation of $1.5 billion through its initial token offering, which garnered significant attention in the cryptocurrency community. The Trump DeFi Initiative In a recent post on X (formerly Twitter), World Liberty Financial announced that the public sale will…
Donald Trump-Supported Crypto Project World Liberty Financial (WLFI) to Start Token Sale Next Week
Members of the Trump family, including Donald Trump, publicly championed the project on social media, with the former president being titled as “Chief Crypto Advocate” Two of his sons, Eric Trump and Donald Trump Jr., are involved as “Web3 Ambassadors,” while his other son Barron Trump is listed as “DeFi Visionary.” Source
A new token set to outshine ETH and SOL
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As wallets activate for seasonal buying, a whale bets big on DTX Exchange, a top contender among altcoins like ETH and SOL. It is that time of the year when inactive wallets go on a buying spree and retailers return to the crypto scene. The seasonal rally is in motion and a crypto whale is betting big on DTX Exchange (DTX), a new exchange-based token, ahead of top altcoins…
1win Token Reaches 24 Million Users: The Reasons Behind Its Rapid Growth
The 1win Token, a fast-growing digital currency, has recently surpassed a remarkable milestone of 24 million users. This rapid growth reflects its solid foundation in the iGaming industry and the wide range of utilities it offers, making it one of the most sought-after digital assets in the market today. 1win Token: A Promising Digital Asset […] Source CryptoX Portal
South Korean Lawmakers Call for Full Investigation Into KOK Token Crash
Two South Korean lawmakers have called for a full investigation into the KOK token after its value collapsed to almost zero. Victims have accused Korea’s largest newspaper of promoting the scam, sparking concerns about its role. The alleged cryptocurrency fraud has caused an estimated $3 billion in losses, affecting about 1.86 million investors worldwide. Korean […] Source CryptoX Portal
FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18
Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated token prices, resulting in the seizure of $25 million in cryptocurrency. As part of “Operation Token Mirrors,” the Federal Bureau of Investigation (FBI) created a […] Source
PROS token spikes 145% after Animoca Brands announcement
The price of Prosper token has skyrocketed more than 145% in the past 24 hours after blockchain and game software company Animoca Brands announced it will purchase more of the platform’s native token. On Oct. 9, Animoca Brands revealed its plan to acquire more PROS tokens, with these purchased on the open market. Animoca Brands is a top investor in the web3 market, with its portfolio including crypto and blockchain projects such as Yuga Labs, Axie Infinity, Magic Eden, Polygon, OpenSea, and Dapper Labs, among others. The market reaction saw…
Crypto’s Token Lockup Orthodoxy Is a Scam
The dominant model of token distribution in the crypto space these days is the so-called “low-float, high FDV” launch. In this model, projects launch with a low fraction of the total supply in circulation, where most of the supply is locked, typically unlocking gradually after a year. This low circulation is often coupled with, and perhaps even explicitly designed to encourage, a high fully-diluted valuation. According to research by CoinGecko, today nearly a quarter of the industry’s top tokens are low float. Notable recent launches which used this model include…
Layer-2 Scroll Shares Plans for SCR Token Airdrop
The team said that the SCR token would be the first step in its roadmap to decentralization. Source