The Core Foundation, a group dedicated to sponsoring ecosystem development on Core’s Bitcoin-powered blockchain, has announced LstBTC, an ERC-20 liquid staking token pegged 1:1 with Bitcoin (BTC). This innovation enables BTC holders to earn daily rewards in CORE tokens while maintaining the liquidity of their Bitcoin—a solution to the longstanding challenge of choosing between staking and liquidity in the DeFi space.

Addressing the Liquidity Challenge

For Bitcoin holders, the choice between staking their assets for rewards and keeping them liquid for DeFi participation has always been a difficult one. Traditional BTC staking often requires locking up assets, making them unavailable for other uses. LstBTC eliminates this trade-off by preserving Bitcoin’s value while offering the benefits of staking. Holders can now keep their BTC liquid and participate fully in the evolving BTCfi ecosystem.

How LstBTC Works

Each LstBTC token is fully pegged to one BTC, ensuring that its value remains stable. Unlike standard staking, LstBTC allows holders to retain full liquidity, meaning their Bitcoin can still be used for lending, transferring and swapping like any other ERC-20 token. This flexibility is a game-changer for those who want to maximize their returns without compromising their ability to engage in DeFi activities.

Enhanced Security with Multisig Setup

LstBTC is issued on the Core blockchain and features a Multisig setup on the Bitcoin network. While this requires a slight increase in trust, the Multisig setup is managed by reputable entities, a practice widely adopted in many established protocols. The Multisig wallets undergo rigorous security audits, ensuring that users’ assets are well-protected, while still allowing them to benefit from the liquidity and rewards offered by LstBTC.

Expanding the BTCfi Ecosystem

LstBTC will further expand Core’s already comprehensive BTCfi ecosystem, which includes lending, borrowing, restaking, DEXs, perpetual futures, and NFT platforms. By bridging the gap between staking and liquidity, LstBTC offers BTC holders greater flexibility in managing their assets.

“Bitcoin holders have long faced a difficult choice between staking their assets and keeping them liquid for participation in the DeFi ecosystem,” said Rich Rines, Initial Contributor at Core. “LstBTC changes that by allowing users to earn staking rewards in Core while keeping their Bitcoin liquid and active in the ecosystem.”

A Solution That Meets Market Needs

LstBTC is designed for BTC holders who want to maintain their asset liquidity while still earning staking rewards. The Multisig wallet setup, backed by reputable entities and rigorous audits, ensures that security is not compromised, making LstBTC a reliable choice for those looking to engage more fully in the BTCfi ecosystem.

See more on LstBTC in this explainer video: https://youtu.be/ipyT_ih_G-g?si=nUs8HlMBct_J1Dbq. For more information about the Core Foundation and Core blockchain, please visit https://coredao.org.

About Core

Core serves as the Proof of Stake layer for Bitcoin as the first enabler of Non-Custodial Bitcoin Staking, which secures a fully EVM-compatible BTCfi ecosystem. Since April 2024, over 5,000 BTC valued at more than $300 million have been staked with Core, enhancing Bitcoin’s utility and security.

Core is the most Bitcoin-aligned EVM blockchain with ~55% of Bitcoin mining hash power contributing to the network’s security. This breakthrough has amassed millions of Core adopters – over 20M unique addresses, 275M+ transactions, and over 295M TVL since its mainnet launch in January 2023.

UCFX Markets, a leading online trading platform, is excited to announce a significant expansion in its cryptocurrency offerings. This new initiative will provide clients with unprecedented access to a wider range of emerging cryptocurrencies, positioning UCFX Markets as a go-to platform for investors looking to capitalize on the latest trends in the rapidly evolving crypto market.

New Cryptocurrency Offerings on the Horizon

As part of this expansion, UCFX Markets Reviews highlight the introduction of a series of emerging cryptocurrencies to its trading platform. These new additions will include cutting-edge digital assets that are gaining traction in the global market, providing investors with opportunities to diversify their portfolios and explore high-growth potential coins. The decision to broaden the platform’s cryptocurrency offerings reflects UCFX Markets’ commitment to staying ahead of market trends and delivering innovative solutions to its clients.

Enhanced Tools for Crypto Traders

To support this new initiative, UCFX Markets Reviews emphasize the launch of advanced tools designed to help clients make informed investment decisions. These tools include real-time market data, comprehensive analysis, and expert insights tailored specifically for emerging cryptocurrencies. By equipping traders with these resources, UCFX Markets ensures that clients can navigate the complexities of the crypto market with confidence and precision.

Client Success Stories and Positive Feedback

The impact of UCFX Markets’ expanded offerings is already being felt by its clients. Numerous UCFX Markets Reviews highlight the platform’s strengths, including its user-friendly interface, broad market coverage, and the ability to stay ahead of trends in the cryptocurrency space. Clients have expressed appreciation for the platform’s focus on emerging cryptocurrencies, noting that it has enabled them to seize new opportunities and achieve significant returns on their investments.

Security Measures to Protect Client Investments

In conjunction with the introduction of new cryptocurrencies, UCFX Markets Reviews consistently praise the platform for its commitment to security and reliability. The platform has implemented state-of-the-art security protocols to safeguard client assets, ensuring that investors can trade with confidence. This focus on security is a cornerstone of UCFX Markets’ approach.

Conclusion: A Step Forward in Crypto Trading

With this new initiative, UCFX Markets is not only expanding its cryptocurrency offerings but also solidifying its position as a leader in the online trading industry. By providing clients with access to the latest emerging cryptocurrencies and the tools needed for success, UCFX Markets is helping investors expand their horizons and unlock new opportunities in the dynamic world of digital assets. The positive feedback found in UCFX Markets Reviews underscores the platform’s effectiveness in meeting the needs of modern investors.

For more information, visit https://ucfxmbot.com.

The i3D Protocol (i3D) is quickly gaining traction as it nears its highly anticipated listing on BitMart, a premier global digital asset trading platform. Traders and analysts are already eyeing i3D as one of the most promising utility blockchain projects of the year with a serious MVP fully operational and over 1,000 early startups analysed during trials.

Revolutionizing Early-Stage Investing with AI and Distributed Crowd Intelligence

As the BitMart listing date approaches, i3D Protocol is attracting significant attention. This innovative platform aims to reshape early-stage investing by leveraging AI and crowd intelligence to offer insights and due diligence to identify the most promising startups. With over 65,000 accounts and 10,000 daily active users already mining, earning and transferring their tokens, i3D is more than just another token—it’s a game-changer for analysis pre-investment.

Early Investors: Seize the Opportunity

CEO Mike Doyle states, “Listing on BitMart provides increased visibility and, most importantly, liquidity. The i3D Token allows investors to participate in the full lifecycle of trading in early startups — from identifying opportunities to liquidation—with the added benefits of continuous earning, staking, mining, and community engagement.”

With the listing just weeks away, now is the time for traders to position themselves ahead of what could be one of the year’s most significant launches. Early Birds can jump into the pre-sale at Official Site. The small pre-sale is being managed by the CryptoDo Lab, an award-winning company that has created over 310K Smart Contracts with their innovative technology.

i3D Protocol: Blending AI, Crowd Intelligence, and Blockchain

The i3D Protocol’s mission is to de-risk early-stage investments by using AI and crowd intelligence to conduct comprehensive due diligence. Already, the i3D Rapid mobile app enables quick sentiment-based assessments, while the i3D Arena provides detailed, anonymous analysis of potential investments. These, plus algorithmic scoring, allow the protocol to triangulate scores and then rank the opportunities. These tools make i3D an essential resource for informed decision-making.

Anticipating Major Gains

i3D’s deep-dive experts are already bullish on the project, predicting potential gains of up to 100x for token holders. With a staking protocol offering an estimated annual return of 200% and plans to burn 50% of the total token supply, i3D is set to drive value back into the token and its ecosystem.

BitMart Listing: A New Chapter for i3D Protocol

The BitMart listing marks a pivotal moment for i3D Protocol, ushering in a new era of growth. The platform’s strategic use of 20% of its total token supply for marketing aims to capture the viral potential of meme coins while delivering serious utility. As the AI crypto market expands, i3D’s unique approach is poised to capture significant market share.

The Future is Bright for i3D Protocol

As far as future plans for the i3D Protocol go, the CEO comments: “For us this is one of the most exciting parts. While we love the buzz of seeing thousands have their say about startups, we must remember that Information is King. We have all these startups that are identified as great potential so not only will we sell that information to traders, but we will also be investing in the best of the best. With a robust revenue model in place, this will take the form of Side-by-Side with VC as well as through token swaps with the startups. This will further underpin the value of the i3D Token as it adds the market sentiment into the token price.”

With its upcoming BitMart listing, i3D Protocol is set to make waves in the crypto world. The combination of cutting-edge AI, crowd intelligence, and blockchain transparency offers a powerful solution for navigating the complexities of early-stage investing.

Join the i3D Protocol and be part of the future of investing

More info: https://invluencer.com
Pre-sale: https://invluencer.com/ico-trigger-lottery/
Download the app: https://invluencer.com/i3d-rapid/
Telegram: https://t.me/i3dangelinvestors/1
X: https://x.com/i3D_Angels

In a move that unites the spirit of the iconic Doge meme with the love of new beginnings, the $FUKU token has officially launched to commemorate the friendship between KabosuMama, the beloved owner of Kabosu (the Shiba Inu behind the Doge meme), and her new friend, Fuku-kun. Drawing on the warmth and joy that Fuku-kun brings to their lives, $FUKU aims to foster a culture of friendship, happiness, and collaboration within the crypto community.

Launched on August 8, 2024, $FUKU has quickly gained traction across the crypto landscape, securing listings on over 10 exchanges and being verified on numerous platforms. With a maximum supply of 420,690,000,000 tokens, the project features unique elements such as LP burned, 0% taxes, no team-controlled tokens, and a renounced smart contract, all of which are designed to build trust and transparency.

The $FUKU community has already seen significant engagement, with contributions to trending efforts, numerous fan art creations, and widespread social media buzz. These successes highlight the project’s resonance with the broader Doge community and its potential to grow even further.

“$FUKU is more than just a meme token; it’s a celebration of the simple joys that Fuku-kun represents,” said a spokesperson for the project Mr. Lightspeed. “We’re thrilled to see the enthusiasm from the community as they embrace this new chapter in the Doge legacy.”

Security Assurance:

In terms of security, $FUKU is committed to transparency and safety. The project is currently undergoing an audit by Cyberscope. Once completed, the audit will be visible wherever the project is listed, providing additional confidence to our token holders.

How to Buy $FUKU:

$FUKU is now available for purchase on multiple centralized exchanges (CEX) including MEXC, LBank, Bitmart, and others. For decentralized exchange (DEX) enthusiasts, $FUKU can be acquired via Uniswap by following these simple steps:

1. Use a hot wallet like MetaMask or Coinbase Wallet, or a cold wallet like Ellipal.
2. Fund your wallet with ETH through your preferred method, ensuring you have enough to complete the transaction.
3. Connect your wallet to Uniswap.org, select ETH, and enter $FUKU’s contract address.
4. Complete the swap and join the $FUKU community.

The $FUKU project will continue to expand its reach, with plans for further exchange listings, community-driven initiatives, and collaborations that align with the token’s core values of joy and friendship.

In the fast-evolving world of cryptocurrency, the volatility of markets can be both an opportunity and a challenge. Crypto account managers, who are responsible for overseeing and executing trading strategies, must navigate these volatile markets with precision and expertise. This is where platforms like PlusTraders.net come into play, offering the tools and resources necessary to manage risks and maximize profits effectively.

Understanding Volatility in Cryptocurrency Markets

Volatility is a defining characteristic of the cryptocurrency market. Prices can swing dramatically within a short period due to factors like market sentiment, regulatory news, technological developments, and macroeconomic trends. For account managers, this volatility presents both opportunities for profit and risks of significant losses.

To manage these challenges, account managers must employ a variety of strategies, including:

1. Diversification: Spreading investments across different cryptocurrencies can reduce the risk associated with the price movement of a single asset. By diversifying, managers can mitigate losses from any one underperforming asset.
2. Risk Management: Setting stop-loss orders, limiting leverage, and using options or futures contracts are crucial to protecting portfolios from excessive losses during sharp market downturns.
3. Technical Analysis: Analyzing historical price data and chart patterns helps predict future price movements. Tools such as moving averages, relative strength index (RSI), and Bollinger Bands are essential for making informed decisions.
4. Staying Informed: The crypto market is heavily influenced by news and events. Account managers need to stay updated on market news, regulatory changes, and technological advancements to make timely decisions.

How PlusTraders.net Supports Crypto Account Managers

PlusTraders.net is a leading platform designed to assist crypto account managers in navigating these volatile markets. Here’s how it can help:

1. Advanced Trading Tools: PlusTraders.net offers a suite of advanced trading tools that help account managers analyze market trends, execute trades, and manage portfolios effectively. These tools include real-time market data, charting tools, and customizable trading strategies.
2. Automated Trading: The platform supports automated trading strategies, allowing managers to implement algorithmic trading systems. This reduces the emotional aspect of trading and ensures that strategies are executed consistently, even in rapidly changing markets.
3. Risk Management Features: PlusTraders.net provides robust risk management features, such as stop-loss orders and margin controls, which are essential for protecting portfolios in volatile markets. These tools enable managers to set predefined risk levels and minimize potential losses.
4. Educational Resources: To stay ahead in the crypto market, continuous learning is crucial. PlusTraders.net offers a wealth of educational resources, including webinars, tutorials, and market analysis reports, helping account managers enhance their knowledge and refine their trading strategies.
5. Customizable Dashboards: The platform’s customizable dashboards allow account managers to track multiple assets and strategies simultaneously. This feature ensures that managers have all the necessary information at their fingertips, enabling them to make quick, informed decisions.
6. 24/7 Customer Support: Cryptocurrency markets operate around the clock, and so does PlusTraders.net’s customer support. The platform offers 24/7 assistance to ensure that account managers can resolve any issues or queries promptly, regardless of the time zone.

Conclusion

In the highly volatile world of cryptocurrency, having the right tools and strategies is essential for success. PlusTraders.net provides crypto account managers with the resources and support they need to navigate these challenging markets effectively. By leveraging its advanced trading tools, risk management features, and educational resources, account managers can confidently manage portfolios, mitigate risks, and capitalize on market opportunities.

As the cryptocurrency market continues to evolve, platforms like PlusTraders.net will remain indispensable for those looking to thrive in this dynamic environment.

Although the Solana blockchain was only launched in 2020, it has quickly risen in popularity. The main reasons are Solana’s scalability and low transaction costs. Although tokens play an essential role in operating numerous decentralized applications (dApps) on the Solana blockchain, many people may not have the necessary coding skills to create their own tokens on Solana.

That’s where Smithii Tools comes in, a revolutionary solution that makes token creation accessible to everyone. This no-code platform allows individuals and businesses to create Solana tokens (SPL Tokens) easily.

Smithii Tools streamlines the complicated token creation process, allowing anyone to use it without extensive technical understanding.

Create and launch a Solana token or meme coin without coding

Creating tokens is an essential but frequently tricky part of developing a blockchain project. Smart contracts are complex and require developers to grasp their complexities, ensure their security, and keep costs in check to deploy and maintain them. Many people, especially those without extensive coding experience, may find this an overwhelming challenge.

Managing costs efficiently is just as critical as the technical parts of launching a token. Building a liquidity pool is an expensive part of releasing a token. This requires a deep understanding of the DeFi ecosystem and can be a time-consuming and expensive.

In response to these issues, Smithii Tools has developed a simplified and inexpensive method for token launch.

Creating an SPL Token with Smithii Tools is affordable and straightforward. The entire procedure, including creating tokens, conducting a presale, and establishing liquidity pools, can cost anywhere from 0.1 SOL to 5 SOL.

Create Solana token or meme coin step-by-step

The journey begins with the “Solana Token Creator”, a user-friendly tool designed for simplicity and efficiency. Lets see:

1. Connect your Solana wallet
2. Write the name you want for your Token
3. Indicate the symbol (max 8 characters)
4. Select the decimals quantity (0 for Whitelist Token, 6 for utility token)
5. Write the description you want for your SPL Token
6. Upload the image for your token (PNG)
7. Put the Supply of your Token
8. Click on create, accept the transaction and wait until your token is ready

Your SPL Token will come to life in just a few moments, ready for the next steps.

Considering creating a Solana token presale

The creation of a Liquidity Pool is the next milestone. You can make a presale before using the Solana Token Launchpad on Smithii. This may be useful for reaching found in an initial phase, targeting adding it to the liquidity. This step depends on your project’s goals and marketing strategies, but again, Smithii makes it easy with their tool suite.

Making a Solana token liquidity pool with ease

Finally, creating a Solana Liquidity Pool involves generating an OpenBook Market, which pairs your token with another cryptocurrency, typically SOL or USDC. This step is essential for enabling trading and ensuring liquidity on decentralized exchanges (DEXs). Then you will be able to creating a Liquidity Pool.

You can create an Open Book Market and Liquidity Pool in one step using “Create Liquidity Pool from Smithii Tool”. Using it you can create and set up your liquidity pool, it will be added to Raydium and listed on Birdeye and Dexscreener; the most used platforms for trading Solana tokens.

Guides, tutorials and how to for launching a Solana token or meme coin

As a user solution, you can use the tools referred to, and check their complete guides at smithii.io. Each tool is companied by a user-friendly step-by-step and video tutorial

Launching soon an Ethereum and base tools suite

Like their Solana Tools Suite, Smithii is expanding its toolkit to support Ethereum and Base blockchains. This move aims to democratize token creation and provide accessible tools for developers across multiple blockchain ecosystems.

Smithii Tools has been a game-changer in the Solana ecosystem since its early inception in 2024. The platform simplifies the complex process of creating Solana tokens, and they are now making it possible in Ethereum and Base. In the next days, they aim to launch a Token Creator, Multisender, and Liquidity Pool Maker in both Ethereum and Base Blockchain with the same affordability and ease.

Jorge Rodriguez, founder of Smithii, commented: “Our mission is to make blockchain technology accessible to everyone. By expanding our tools to Ethereum and Base, we are opening new opportunities for developers to create and manage tokens with ease. Right now, our Solana token platform further simplifies the process, making it affordable and straightforward for anyone to launch their own token or meme coin.”

Final thoughts about Smithii

Since Smithii’s launch, in the last three months, its platform visitors have risen to 1.4 K per day, with almost 500 persons using their tools daily. This KPI, plus their being a doxxed team with 24/7 support, are essential insights for looking at what they are doing.

SOFA.org is thrilled to announce their official product and token ($RCH) launch on Coincall! To commemorate this special occassion, they are rolling out 4 exciting events where qualified users can share a whopping 200,000 in CALL rewards!

Event 1: Deposit 100 RCH and claim a share of 10,000 CALL

Users who deposit 100 or more RCH on Coincall will share a 10,000 CALL prize pool, to be distributed equally across the total number of eligible users.

Event 2: Deposit more RCH and win up to 50,000 CALL

Enhance the received CALL rewards by depositing additional RCH on a netted basis (deposits – withdrawals) and ensuring the users meet the trading volume thresholds.

Event 3: Invite friends to deposit RCH and earn more CALL

Earn an extra 10 CALL for each successful referral who deposits at least 100 RCH on Coincall. The more referrals received, the more rewards!

Event 4: Trade RCH and claim a share of 20,000 CALL

Users who have an RCH spot trading volume (buys + sells) of over 1,000 USDT on Coincall during the event period will qualify and claim an equal share of 20,000 CALL rewards.

Event Period: From July 19, 2024 08:00 UTC to July 31, 2024 08:00 UTC
Registration link: https://support.coincall.com/hc/en-us/articles/35237867751449-Join-the-SOFA-Org-RCH-New-Listing-Celebration-and-Share-200-000-CALL

Who is SOFA.org and What is $RCH?

SOFA.org is a decentralized, non-profit, open-source DAO dedicated to building a trustless DeFi ecosystem capable of atomically settling financial assets on the blockchain.

Key Features:

• Fair Launch: The utility token ($RCH) now launched on Uniswap, with considerable airdrops available only to actual users. No VC-cliffs, no insider privileges.
• Total Supply: $RCH has a total supply of 37 million tokens, with 25 million (~67%) pre-minted and locked in a Uniswap liquidity pool (LP is burned). The remaining 12 million (33%) are earmarked for airdrops to protocol users and supporters.
• Deflationary Model: All protocol earnings will be fully spent to burn RCH daily (buybacks), ensuring a long-term deflationary supply and value alignment with our long-term users and holders.
• Security: Audits by Peckshield and Code4rena are completed with reports on our website. The SigmaPrime report will be published soon.

Join now and be part of a revolutionary DeFi journey with SOFA.org!

The concept of Real World Assets (RWA) is increasingly capturing attention and sparking discussions in the cryptocurrency sphere. The emergence of RWAs presents new opportunities for the cryptocurrency market while challenging traditional financial system norms and models.

Traditional financial systems typically rely on centralized financial institutions to manage and trade real-world assets like real estate, stocks, and bonds. However, with the development of blockchain technology, RWAs are gradually entering the cryptocurrency domain, facilitating transactions and management through digital assets and smart contracts.

RWAs have significant impacts on the cryptocurrency market. On one hand, the support of RWAs can enhance the credibility and stability of cryptocurrencies. By linking real-world assets with cryptocurrencies, it provides asset backing, boosting investor confidence and attractiveness, thereby attracting more investors and institutions into the market. On the other hand, the introduction of RWAs may also lead to volatility and instability in the cryptocurrency market. Due to the relatively unstable nature of cryptocurrency markets compared to traditional financial markets, introducing real-world assets may result in significant market price fluctuations. Additionally, the slower process of trading and transferring real-world assets may impose certain limitations and impacts on the liquidity of cryptocurrencies.

Overall, RWAs have a dual impact on the cryptocurrency market. On one hand, they provide support and stability to the market, enhancing the credibility of cryptocurrencies. On the other hand, they may also contribute to market instability and fluctuations. Therefore, careful consideration of their effects and appropriate measures to manage risks are necessary when introducing real-world assets into the cryptocurrency market.

Against this backdrop, ABTCOIN Trading Center has been actively responding to market changes by introducing various new trading instruments, including mainstream cryptocurrencies like Bitcoin and Ethereum, as well as promising emerging digital currencies. These new trading instruments provide investors with more investment opportunities, facilitating better asset allocation. Additionally, ABTCOIN Trading Center places emphasis on community building by organizing online and offline events, seminars, and training courses in collaboration with industry experts and enterprises, collectively promoting the healthy development of the cryptocurrency market. This community-building effort not only provides investors with a broader perspective but also offers them more support and assistance throughout the investment process. The ABTCOIN Trading Center community also serves as a platform for investors to access the latest market dynamics and investment opportunities, while enabling them to share experiences and exchange insights with other investors, helping them to navigate challenges on their investment journey with confidence.

Launched on June 15th on the BNB blockchain, $ANDY has experienced remarkable price growth. In less than a day, its market cap soared from a few thousand dollars to more than $17 million, capturing the attention of the crypto space.

It’s no longer rumours that $ANDY coin is going to be listed on popular Exchange Bitmart: and other leading exchanges would be coming onboard soon. https://x.com/BitMartExchange/status/1813719736049627616

But what is Andy? Or, more precisely, who is he? Andy is originally a character from Matt Furie’s Boy Club, the famous comics. He is probably the most unique character from Matt Furie and the best friend of Pepe the Frog, which also became one of the most important memecoins ever. Andy is really the character that glues the whole Boy’s Club together and is well known for being hilarious.

If you’ve been following some crypto news, you will know that two of the most important memecoins lately are Pepe and Brett, both coming from the Boy’s Club comics. Pepe is on the Ethereum Chain, while blue Brett is on the Base one. The great idea behind Andy is that this yellow character should be on the BNB Chain, also known as the yellow blockchain. It’s a simple yet very efficient narrative: if Brett was at the top of the Blue Base chain and Pepe at the top of Ethereum, then Andy should be at the top of the yellow BNB chain to complete this triforce of characters.

But it’s not all about the narrative; it’s also about the timing. $ANDY launched exactly at the right time. Trading on BNB has recently seen a significant resurgence in volume. This chain was historically known to be the most important chain during the last bull run for memecoins. It’s clear that Andy appears at the perfect time to capitalize on this momentum, help revive the BNB blockchain, and prepare the field for the next bull run where it will play an important part.

And because BNB has a historic significance for memecoins, Andy is also a heartfelt tribute to Changpeng Zhao (CZ), the founder of Binance, who is currently serving a four-month sentence. With his slogan of making the “BNB Chain Great Again,” it is evident that Andy is continuing CZ’s legacy and rallying every crypto enthusiast, wherever they are trading, to support this ideal.

Because of this timing and narrative, Andy immediately showed a lot of potential and can be compared only to Tier-1 category memecoins (those with the biggest communities, volume, and market cap). The numerous Andy memes surrounding the project, as well as their qualitative branding, contributed to its viral potential. Andy is catchy, and its story can be understood by anyone.

As with every memecoin, Andy’s marketing plays a big part, and the team has extensive connections to do this. We have seen that some of the biggest influencers in this space are supporting the project and recognizing its potential. On a daily basis, the marketing can be followed in their Telegram group. But every memecoin also needs a strong community, and $ANDY has that too. Of course, as it is very new, it has limited members, but the count is increasing rapidly, and the word is being spread on every social media platform to rally more members.

$ANDY is available on PancakeSwap, a decentralized exchange on the BNB network, without transaction taxes. It will also be listed on centralized exchanges, which, considering their tremendous trading volume, should happen very soon.

With a strong team, hilarious memes, extensive connections, the perfect narrative launched at the right time, and aggressive marketing, Andy shows promise. However, potential investors should conduct their own research before investing. Trade safely!!!

Socials:
TG: http://t.me/andycoinbsc
X: https://x.com/andycoinbsc
Website: http://andybnb.vip

The Covalent Network, the modular data infrastructure for AI and Web3 announces the successful approval and completion of its governance proposal to migrate its native token from the old CQT to the new CXT ticker and network contract. This pivotal change marks a significant milestone in the Covalent Network’s commitment to evolving its infrastructure to better support modular data solutions for AI and Long-Term Data Availability.

The New CXT Network Contract is Now Live and Operational

The successful migration to CXT also marks the completion of the New Dawn initiative. Key highlights from this initiative also included Arthur Hayes joining as a strategic advisor, a $5 million fundraise led by RockTree Capital, the migration of staking from Moonbeam to Ethereum and more. The migration to CXT sets the stage for Covalent’s next growth phase of community expansion and long-term data availability, a refreshed brand, additional advisors, and new funding.

CXT: A New Era for Covalent

The transition from CQT to CXT is more than a simple ticker change; it marks the beginning of a new era for Covalent. This migration aligns the token with Covalent’s enhanced mission of providing a robust, decentralized modular data infrastructure tailored for the future of AI and secure, long-term data storage. The new ticker, CXT, symbolizes limitless potential and a broader scope for Covalent’s objectives beyond just the old Covalent Query Token “CQT.” CXT is at the heart of operating the network, securing thousands of network customers, +230 chains and enriching over 300 million wallets with Covalent Network data.

Key Changes and Benefits of CXT

Improved Alignment with Mission: The new CXT token better represents Covalent’s evolved mission. With a focus on modular data infrastructure and AI, the CXT token encapsulates the network’s expanded vision and capabilities.

Enhanced Staking and Governance: The migration involves moving the staking and governance operations from CQT to CXT. This transition will enhance the efficiency and security of the network’s governance processes, ensuring that all future decisions align with the enhanced mission.

Distribution and Security: CXT tokens will be distributed directly to CQT holders on Ethereum, ensuring a smooth and secure transition. Token holders using wallets like Safe, Metamask, Rabby, or Ledger will receive their CXT tokens automatically.

Liquidity Enhancement: The migration plan includes measures to improve overall liquidity, providing a more stable and active trading environment for CXT.

Deprecation of CQT: With the ratification of this proposal, CQT will be deprecated. The community will transition fully to using CXT, which will provide better on-chain metrics and improve overall token management.

Security and Audits

Covalent has ensured the migration process is secure by undergoing thorough audits by Quantstamp, Hacken, and QuillAudit. These audits confirm the integrity and security of the migration process, providing assurance to all token holders. Rest assured Covalent has taken the maximum precaution as possible to ensure that all your funds are safe during the migration. No action is required by any existing token holders during this process.

For existing token holders:

• Stakers: All current operators and delegators will automatically have their staked CQT positions migrated to CXT.
• Centralized Exchanges: Covalent has been working with each exchange to support the migration. Exchanges will receive CXT tokens and handle the distribution of CXT to their customers.
• Self-hosted Wallets: Token holders using wallets like Safe, Metamask, Rabby or Ledger will receive their CXT tokens directly.

Audits

• Quantstamp
• Hacken
• QuillAudit

Centralized Exchange Support

Centralized exchanges, such as OKX, Gate, Crypto.com, Kucoin, BingX, and MEXC, are all prepared to support this transition. The trading of CQT halted right after the launch of the governance proposal on Jul 9 2024 00:00 UTC, with each exchange having their own schedule for resumption.

Looking Ahead: A Future Full of Promise

The successful migration to CXT signifies the dawn of a new era for the Covalent Network. With CXT, Covalent is uniquely positioned to lead advancements in AI and decentralized data infrastructure. The unwavering support and active engagement of the community are essential as Covalent embarks on this transformative path.

Stay tuned for more updates and innovations from Covalent. The future is filled with limitless potential, and this migration is a pivotal step toward realizing Covalent’s ambitious vision. Covalent is committed to progress and growth, with no plans to halt or scale back.

About Covalent

Covalent is the leading modular data infrastructure layer dedicated to solving major challenges in blockchain and AI, including verifiability, decentralized AI inference, and Long-Term Data Availability. Its large reservoir of structured, verifiable data enhances decentralized training and inference, reducing the risk of manipulated or biased AI models. Additionally, the Covalent Network’s Ethereum Wayback Machine ensures secure, decentralized access to Ethereum’s transaction data. Trusted by over 3,000 leading organizations, Covalent powers AI, DeFi, GameFi, and more with unfettered access to on-chain data from over 230 blockchains.