Cove Partners With Bazaar for Pioneering $COVE Token Auction to Decentralize and Bootstrap Protocol Liquidity

PRESS RELEASE. San Francisco, April 16th: Cove, the first onchain portfolio manager that eliminates loss-versus-rebalancing, has announced a strategic partnership with Bazaar, the decentralized and chain-agnostic launchpad. This collaboration is set to revolutionize the way Cove engages with its community by offering a fair and accessible opportunity to participate in the $COVE token launch. $COVE […] Source CryptoX Portal

Drift Foundation Announces 100 Million Token Airdrop for Solana-Based Dex Users

On April 16, 2024, the Drift Foundation, which supports the Solana-based decentralized exchange (dex) platform Drift, disclosed plans to distribute 100 million tokens to its users. The tokens will function as the platform’s governance coin, to be utilized by the community and the Drift decentralized autonomous organization (DAO). Solana-Based Dex Platform Drift to Distribute Governance […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Arbitrum’s Massive $107 Million Token Unlock Threatens To Send Price Below $1

Arbitrum (ARB) runs the risk of a significant price decline due to its upcoming token unlock on April 16. These token unlock events are known to be a recipe for high volatility because of what could happen in the aftermath of their occurrence.  $107 Million Arbitrum Tokens Set To Be Unlocked Data from TokenUnlock shows that 92.65 million Arbitrum tokens (3.49% of its circulating supply) are set to be unlocked on April 16. 56.13 million ($65.10 million) of these tokens will be distributed to the team, future team, and advisors,…

Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop

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99Bitcoins raises $100k on day-1 of token presale 

One of the most established crypto media outlets, 99Bitcoins, has changed ownership and introduced a new native cryptocurrency, 99BTC. The token is currently undergoing a presale. It raised $117K in its opening day as quick-footed traders swooped in for its initial discounted price. 99Bitcoins launched in 2013, the same year as CryptoX. However, it now spearheads crypto media innovation through its decentralized, user-owned 99BTC token and its accompanying Learn-to-Earn platform. Is $99BTC a 100x sleeping giant? Currently in its stage 1 presale, market participants can buy 99BTC at its lowest-ever…