The morning of October 7 saw a dramatic drop in the price of Bitget’s BGB token, plummeting from $1.14 to $0.064. While the price bounced back relatively quickly, several traders were affected by the volatility.
Sonic, a Layer 1 blockchain (formerly Fantom), is gearing up to distribute its new S token to loyal users through a unique airdrop. Sonic Labs will release about 200 million tokens, incorporating a deflationary mechanism based on a linear burn model.
The EigenLayer (EIGEN) token was listed on major exchanges as of October 1st. Investors can now access this cryptocurrency, and airdrop recipients are already reaping their rewards.
The Connect Token (WCT) serves as the native token of the WalletConnect Network, aimed at securing and upholding the network's decentralization. WCT will be utilized for payments, rewards, staking, and governance voting.
Polygon PoS transitioned to using POL as the native token for gas fees, replacing MATIC, in the first stage of the token migration announced last year.
The decentralized exchange dYdX is set to roll out a major upgrade to its platform in the fall of 2024, which will introduce several new and unique features. One significant change will allow users to list any token issued on the dYdX Chain without requiring approval from the development team.
Moo Deng, a baby hippo that became known on the internet has a crypto token inspired by it.
Flare has emerged as a new top gainer in the cryptocurrency market. The native token FLR surged by 16%, nearly tripling the growth of its nearest competitor.
Cardano’s blockchain successfully completed the Chang hard fork, introducing decentralized governance and improving smart contract capabilities. ADA token holders now wield the power to shape the project’s future by electing representatives and voting on various development initiatives.
August 14th marks the second anniversary of WhiteBIT Coin. It’s been two years since the IEO of the token (now a coin) from Europe’s leading exchange, WhiteBIT, and much has changed since then.