Mahe Seychelles 24 December 2024 Chainwire
On December 24, 2024 at BYDFi crypto exchange Officially launching new tokens including: Penggu- Exciting- ufd,and as usual- These are different Memecoins and DeFi tokens. This adds value to the asset classes on the platform. and provide more investment opportunities to users around the world.
UFD’s Rapid Rise, PENGU Tops List With $1.8B Market Cap
ufdOr Unicorn Fart Dust is a meme coin in Solana’s growing ecosystem tagged as A “social experiment,” the 54-year-old gold and silver trader was inspired to create his own meme token, UFD, based on Fartcoin, which has a market cap of $500 million. The creation of UFD is emblematic of the innovative trend of the currency market. digital The industry’s openness to investors spans all age groups.
from GMGN As of December 19, UFD’s market capitalization has surpassed $230 million. The 24-hour price increase was 434% and the 24-hour trading volume was $145.4 million.
According to Onchain Lens, one address that bought UFD early turned $700 into $1.8 million in less than 7 hours. According to Lookonchain, one trader bought 12.98 million UFD tokens for 0.4 SOL two days ago. During the period when prices soared Traders sold more than 80,000 UFD tokens twice, netting $4,500, while holding 12.9 million tokens in their accounts.
Penggu It is an official token created by the Pudgy Penguins project, which consists of 8,888 unique cartoon penguin NFTs. Each NFT generates randomly assigned properties through the use of up to 150 hand-drawn components. These penguins Five different features such as backgrounds, figures, clothing, and accessories stand out.
PENGU launched on the Solana blockchain in December 2024 with all tokens. 88,888,888,888 tokens Total market cap exceeds $1.88 billion And its 24-hour trading volume was $360 million, with $62.86 billion of tokens in circulation. The project aims to drive Web3 innovation through an abstract public blockchain and developer incubator. And it’s backed by Pudgy Penguins’ strong NFT community. Abstract recently raised $11 million, mostly from Peter Thiel’s founders’ fund, and thus provides a lot of support for the development of the NFT ecosystem. PENGU
Network speed and stable ecosystem: the dual innovation of HYPE and USUAL
Exciting It is the native token of the Hyperliquid decentralized derivatives protocol and is the main asset of the high-performance L1 platform. With a latency of less than one second and complete transparency on account orders, trades, and settlements, Hyperliquid focuses entirely on online operations. The Hyperliquid platform is a rising leader in the DeFi industry, with a total assets value of 2.173. Billions of dollars, according to DefiLlama.
HYPE’s price has increased 1,345% since its launch from $2 to $28.91. The 24-hour trading volume for HYPE has surpassed $15 billion, according to the data. @HyperliquidXwhich set a new record
as usual It is a native governance token of a common protocol. It aims to create a safe and efficient stablecoin ecosystem backed by real-world assets or RWAs. Its main functions include:
- Governance: Transparency in decentralized governance and community leadership is ensured by allowing holders to participate in key protocol decisions such as revenue distribution. and collateral management
- Rates of Return: Users benefit from the protocol’s RWA investments with returns on US Treasury bonds. By placing a USUAL bet
- Stablecoin Ecosystem: The protocol’s core products support USD0, a stablecoin supported by RWA, and USD0++, a form of liquid staking. And holders can share the income through management or staking.
It also ties the issuance of USUAL tokens to a total value lock. Where an increase in TVL reduces the token supply. Therefore, it creates a deflationary mechanism that can increase value in the long run. As of December 18, production of $0 coins broke a record of 190 million units, with total supply exceeding 1 billion units, reaching 136 million units. Admittedly, the high level of capital attraction of the normal procedure is the receipt of $5.89 million from the Treasury. An increase in USD0 and USD0++ will increase the TVL by increasing the scarcity and increasing value of USUAL while that is written The token’s price stood at $1.39, up 34.2% from the previous day at $838,695,117. Trading volume was higher than ever before.
Meanwhile, BYDFi has simultaneously launched additional tokens including: fuel- Vana- send,and Ark Sol- Users can visit at BYDFi official website or BYDFi App To follow the latest market trends and detailed information about these tokens.
About BYDFi
Founded in 2020, BYDFi is considered one of the 10 best crypto exchanges worldwide according to Forbes and is trusted by millions of users worldwide. It currently supports over 600 tokens for instant trading. With options for leverage from 1x to 200x to suit every investment strategy, BYDFi also makes the process of buying cryptocurrencies easier by working with global payment providers such as Banza, Transac, and MercurioMakes it possible for users to Buy coins at low prices-
In the near future “BYDFi Copying Trading” This feature automatically recommends top traders based on the user’s risk tolerance and account assets. Users can easily activate copy trading mode with just a tap and simulate the strategies of professional traders. BYDFi aims to provide users with a world-class crypto trading experience.
Contact BYDFi
For inquiries and support Users can contact us via the following:
- Official website: https://www.bydfi.com
- Support email: CS@bydfi.com
- Business cooperation: BD@bydfi.com
- Media inquiries: media@bydfi.com
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Contact Senior Marketing DirectorChloeBYDFi Fintech LTDchloe@bydfi.com
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to serve as legal, tax, investment, or financial advice.
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