The cryptocurrency market has witnessed a flurry of activity over the last 12 hours, with several notable developments across various projects. From Binance’s new Launchpool and rebranding announcements to mainnet launches and tokenomics updates, here are the key events according to layergg.
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Binance Introduces $REZ Launchpool
Binance, one of the world’s leading cryptocurrency exchanges, has announced the launch of the $REZ Launchpool. Trading for $REZ is set to begin on April 30, providing investors with a new opportunity to participate in the growing DeFi ecosystem.
Hedera’s Collaboration with BlackRock
Hedera ($HBAR) has announced the tokenization of BlackRock’s US Treasury Money Market Fund (MMF) in collaboration with ArchaxEx and OwneraIO. This development signifies the increasing interest of traditional financial institutions in the blockchain and cryptocurrency space.
Rebranding and Ticker Changes
Several projects have announced rebranding and ticker changes:
- ArchLoot ($ALT) will change its ticker to $AL and migrate from BEP20 to ERC20.
- GuildFi ($GF) will rebrand to Zentry ($ZENT), with a 1-for-10 token split on April 25.
- Selfchain ($FRONT) is in the final stages of preparing for its mainnet launch, which will be accompanied by a rebranding to $SELF.
These rebranding efforts demonstrate the evolving nature of the crypto landscape and the need for projects to adapt and refine their identities.
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Show more +Chiliz’s New Tokenomics and Testnet Launch
Chiliz ($CHZ) CEO has announced that the “Dragon8” testnet, designed to test new tokenomics, will be launched within the next few days. This development showcases Chiliz’s commitment to improving its ecosystem and providing enhanced value to its users.
Portal’s First Launchpad and Presale
Portal’s first official Launchpad, @playsomo, will begin its $SOMO presale on April 25 at 3 pm UTC. This event marks a significant milestone for Portal and provides investors with an opportunity to participate in the early stages of a promising project.
Worldcoin’s Circulating Supply Increase
Worldcoin ($WLD) has announced plans to increase its circulating supply by as much as 19% over the next six months. This decision aims to support the project’s growth and development, while also improving liquidity for $WLD token holders.
Other Notable Developments
- Gala Games: Voyager: Ascension from @rflxtstudio is launching today on GalaChain.
- Jupiter: The Jupiter Mobile app beta is expected to be released in May.
- Lisk: The $LSK migration snapshot date has been set for May 21.
- Heroes of Mavia: The project has announced the launch of its second major user acquisition campaign across various social media platforms.
- Ronin: @themachinesgame open beta has been released, and the Play 2 Airdrop is planned to start soon, according to @Jihoz_Axie.
The last 12 hours have seen a diverse array of developments in the cryptocurrency market, from exchange listings and rebranding announcements to mainnet launches and tokenomics updates.
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