Monat: August 2024

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Floki token holders to receive Simon’s Cat (CAT) token in airdrop

  • Binance will airdrop 900 billion CAT tokens to FLOKI holders on August 29, 2024.
  • On-chain holders of 400,000 FLOKI will receive 315 billion CAT tokens.
  • 5% of CAT supply allocated to Floki Trading Bot users over 30 days.

Floki ($FLOKI) token holders are set to receive a substantial airdrop of Simon’s Cat ($CAT) tokens. The airdrop is part of Simon’s Cat’s launch strategy and highlights the growing significance of meme coins in the cryptocurrency market.

The airdrop, scheduled for August 29, 2024, will be facilitated by Binance, the world’s largest cryptocurrency exchange, marking a notable integration of new assets into the market.

Binance support for Simon’s Cat airdrop

Binance will play a crucial role in the airdrop by directly crediting CAT tokens to FLOKI holders on its platform.

Binance will take a snapshot of FLOKI holdings on August 29, 2024. To qualify, users must hold a minimum of 400,000 FLOKI tokens, which translates to roughly $50 at current prices.

The airdrop will distribute a total of 900 billion CAT tokens, representing 20% of Simon’s Cat’s total supply allocated to the Floki community. This move aims to enhance user engagement and extend the reach of Simon’s Cat within the crypto ecosystem.

On-chain airdrop and trading bot allocation

In addition to the Binance-supported airdrop, Simon’s Cat will also conduct an on-chain airdrop. This distribution will provide 315 billion CAT tokens, equivalent to 3.5% of the total supply, to FLOKI holders who maintain their tokens on-chain.

To be eligible, holders must retain at least 400,000 FLOKI tokens, and the airdrop will be proportionate to the amount held. Two snapshots will be taken: one on August 22, 2024, and a final one on August 29, 2024. To qualify, participants must hold their tokens through both snapshots without transferring or selling them in between.

Moreover, 1.5% of the CAT supply will be allocated exclusively to users of the Floki Trading Bot over 30 days. The exact details of this distribution will be revealed in a separate announcement. Other centralized exchanges are also expected to host CAT airdrops, with specifics still being finalized.

This airdrop strategy underscores the ongoing popularity of meme coins in the crypto market, despite recent slowdowns in trading volumes. As the meme coin craze persists, initiatives like these continue to drive enthusiasm and participation in the cryptocurrency space.

The post Floki token holders to receive Simon’s Cat (CAT) token in airdrop appeared first on CoinJournal.

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Orbs’ dLIMIT and DCA protocols now integrated into SushiSwap

  • Orbs has revealed that its dLIMIT and DCA protocols have been integrated into leading multi-chain DEX, Sushi
  • This new integration will enable users to access advanced order types, including the ability to spread out their orders over time, regardless of the current price.

The layer 3 blockchain, Orbs, has announced that its dLIMIT and DCA protocols have been integrated into SushiSwap, a leading multi-chain DEX.

The introduction of these new protocols will allow Sushi users to access advanced order types, including the ability to spread out their orders over time, regardless of the current price. This method is ideal for minimizing risk by avoiding the pitfalls of market timing.

dLIMIT operates as a decentralized protocol that allows traders to place limit orders on-chain. Limit orders allow you to set a specific price at which you want to buy or sell a token. Your order will only execute if the market meets your desired price, or you can easily choose options, such as +1%, +5%, or +10% above your target. Additionally, you can set an expiry date for your order, giving you full control.

When selecting a Limit swap on Sushi, users are presented with an easy-to-follow user interface alongside an order history tab to keep track of previous and current open orders. Trades are only executed when the available market price is equal to or better than the Limit price. dLIMIT takes into account current market conditions, prices, and gas fees.

In addition, Sushi has integrated DCA by Orbs, enabling the execution of this popular algorithmic trading strategy that utilizes time-weighted average price orders. When placing a DCA order on Sushi, the user specifies both the frequency of the trades and the desired number of individual trades.

The introduction of Limit and DCA orders empowers Sushi users to set highly customized swaps. They allow users to implement DCA (dollar cost averaging) to gradually build a position in a desired token. They can also set limit orders that only execute individual trades if they are within the defined price limit.

Sushi’s integration of dLIMIT and DCA follows similar deployments by EVM DEXs including PancakeSwap, QuickSwap, and Thena. The growing adoption of these technologies throughout the multi-chain DEX environment reinforces Orbs’ position as a market leader in DeFi innovation while showcasing its layer 3 technology that brings CeFi-level execution to DeFi.

SushiSwap’s native token, $SUSHI, enjoyed a modest rally after Orbs’ announcement, rising by around 4%.

The post Orbs’ dLIMIT and DCA protocols now integrated into SushiSwap appeared first on CoinJournal.

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Brett explodes as Bitcoin Dogs eyes top crypto exchange listings

  • Brett ($BRETT) exploded more than 30% as Binance Futures and Upbit announced token listing.
  • Bitcoin Dogs ($0DOG) is also poised for listing on three major exchanges on August 21.
  • Could the listing be a good opportunity to buy $BRETT and $0DOG?

Brett ($BRETT), the top meme coin on Base, has surged by more than 30% in the past 24 hours to trade above $0.1. The memecoin’s price rose as the community cheered the latest positive announcements related to the token’s traction and visibility in the market. While a lot of attention is on $BRETT price, significant interest is likely to engulf Bitcoin Dogs ($0DOG).

Like $BRETT, $0DOG has some major crypto exchange listing milestones coming up. What crypto exchanges are set to list Bitcoin Dogs and what does it mean for $0DOG?

BRETT surges as Upbit, Binance Futures list token

Brett ($BRETT) reached highs of $0.10 after rallying over 30% in 24 hours. The meme coin saw its volume spike more than 220%.

Pushing $BRETT higher was news of major crypto exchange listings. Upbit, South Korea’s largest crypto exchange, has listed $BRETT. The announcement also included token listing for Pepe ($PEPE), with both having the USDT trading pair.

Upbit also listed $PEPE, whose price has also spiked in the past 24 hours to touch levels last seen on August 14.

Meanwhile, Binance Futures also launched the BRETTUSDT Perpetual Contract on August 20 at 10:35 am UTC. The news helped $BRETT price to climb, with the world’s largest crypto exchange offering up to 50x leverage.

Bitcoin Dogs: Under 24 hours until $0DOG lists on major exchange

Interest in Bitcoin Dogs, the GameFi and NFT project leveraging the Bitcoin network, helped it raise over $13.4 million in presale. Now the next phase of the $0DOG token is set to begin on August 21.

On this date, three major exchanges will list Bitcoin Dogs – marking the entry of the world’s first BRC-20 ICO into the trading market.

On August 21, 2024 at 11 UTC, Gate.io, MEXC and Unisat will list $0DOG. Users will also be able to claim their tokens and enter the crypto market. 

Is Bitcoin Dogs an attractive opportunity?

The exchange listing milestones are key to Bitcoin Dogs future performance. 

But that’s not all. Having launched the first-ever ICO on Bitcoin with its BRC-20 token, Bitcoin Dogs stands out as one of the gaming and NFT-focused gems in the market. Staking is also live.

Experts have predicted that the Bitcoin ecosystem could see GameFi, DeFi and gaming explode in coming years, and Pantera Capital noted earlier in the year that this market could grow to over $500 billion.

With analysts noting that a risk-on sentiment may see Bitcoin price rise further, it’s possible a cascade to the broader crypto market will follow. Bitcoin Dogs’ listing on Gate.io, MEXC and Unisat may fuel $0DOG price.

US elections, geopolitical tensions and the macro environment may be key factors to watch though.

If you are interested in Bitcoin Dogs, learn more on their official website.

The post Brett explodes as Bitcoin Dogs eyes top crypto exchange listings appeared first on CoinJournal.