George Town, Cayman Islands, April 3rd, 2024, Chainwire The VGX Foundation, a Cayman Islands Foundation, has partnered with Genopets to integrate the VGX token as a reward in their popular move-to-earn NFT mobile game on Solana. The partnership introduces VGX as a reward token in the Genopets game, creating utility and rewards for using VGX within the Genopets ecosystem. VGX is a token that bridges multiple chains and is focused on bridging utility across GameFi and gaming ecosystems. Genopets launched in 2021 and is one of the largest games on…
Tag: Token
Crypto Exchange Bitget Joins Meme Coin Hype, Issues Token (MOEW) That Rises 14,000%
The largest meme coin on Base is Brett (BRETT), a token that is based on a character from Matt Furie’s Boy’s club comic. Brett has increased in value by 89% in the past week, while MOEW has already recorded double the volume Brett has racked up in the past 24 hours. Source
Far Out Sci-Fi Ideas Inspired by New Ethereum Token Designs
Far Out Sci-Fi Ideas Inspired by New Ethereum Token Designs Source
Ethena Labs’ New ENA Token Rallies Overnight
Bitcoin’s (BTC) steep rally has recently lost impetus. Still, the supply of stablecoins or dollar-pegged cryptocurrencies, often considered a powder keg that could be used to fund token purchases, continues to rise, a sign of reassuring stability to bitcoin bulls. Bitcoin hit record highs above $73,500 on March 14 and has since struggled to keep gains above $70,000, mainly due to the dwindling probability of a Fed rate cut in June. At press time, the leading cryptocurrency by market value was changing hands at $66,300, down 10% from its all-time…
Wormhole Debuts at $3B Valuation in 617M Token Airdrop
Cross-chain bridge Wormhole initiated an airdrop that will see early users rewarded with 617 million of its newly issued governance token, W Source
Ethena’s Token Set to Debut on Exchanges Today Amid Airdrop Announcement
Ethena has initiated the claim process for its governance token (ENA) airdrop, allocating 750 million tokens, equivalent to 5% of its total supply of 15 billion, to eligible participants. The project has announced that the token will commence trading on various centralized exchanges, starting at 4:00 a.m. EST. This airdrop follows the “shard campaign,” a reward initiative aimed at early adopters, allowing user engagement through referral links and rewarding them with shards (or points). The number of tokens allocated to each user is determined by the total shards accumulated by…
DeFi Project Ethena Labs’ ENA Token Starts Trading at 64 Cents
The USDe token, which is referred to as a “synthetic dollar,” offers yields to investors by pairing ether liquid staking tokens with short ether (ETH) perpetual futures position in the derivatives market to maintain a “rough target” of $1 price. Source
MEXC Exchange Lists GRAM Token Opening Doors to TON Blockchain Investors
MEXC, one of the world’s largest cryptocurrency exchanges, has announced the listing of the GRAM token from the TON ecosystem. GRAM is often referred to as the “Bitcoin for Telegram” within the community, and its price has skyrocketed by 28,000 times since its launch in January. The spot trading pair GRAM/USDT is now available on MEXC, following rumors of the listing circulating in the project’s Telegram channel. Users have noticed significant transfers of GRAM, with over a million tokens being sent to wallets on MEXC and OKX, another major cryptocurrency…
Ethena’s Prelaunch Futures Surge 22% as ENA Token Is Set To Go Live Next Week
The price surge implied that the token could debut with a market cap of over $500 million. Source
Why BlackRock Could Bet On This RWA Token: Crypto Analyst
In an era where the boundaries between traditional finance (TradFi) and crypto continue to blur, the tokenization of real-world assets (RWAs) stands out as one of the hottest trends. This trend, which allows tangible assets like vehicles and real estate to be bought and sold as tokens on a blockchain, promises to revolutionize the efficiency and speed of asset transactions. Just last week, BlackRock, the world’s largest asset manager, has positioned itself at the forefront of this movement with the launch of a $100 million tokenization fund, which has already…