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Cryptocurrency News Articles
BYDFI Lists LUCE Token, Offering Users Access to the New Religious-Themed Cryptocurrency
Nov 01, 2024 at 08:00 pm
LUCE has recently emerged as a notable player in the cryptocurrency market. It has an interesting background as it relates to the Vatican's announcement
Cryptocurrency token LUCE has made waves in the crypto space, especially given its unique connection to the Vatican's announcement of an official mascot for the upcoming Holy Year of 2025. Being at the center of Catholicism, any mascot introduced by the Vatican carries substantial cultural and religious significance, which has led to interest in LUCE, being positioned as one of the first religious-themed tokens.
LUCE managed to reach a peak market capitalization of nearly $53 million within the first 12 hours of its launch. For example, an early investor's address on the Solana chain invested $3,300 during the early stages of the token's issuance and acquired 16.3 million LUCE tokens. This investment showed a floating profit of over 192 times the initial amount by October 29th. This example showcases the volatility and fluctuating return potential of LUCE, highlighting both the possible gains and risks typical of emerging tokens within the cryptocurrency market.
Today, global cryptocurrency exchange BYDFi has announced the listing of the LUCE token on its platform, giving its users the ability to trade this new asset. Together with this listing, there will also be promotional activities, such as an airdrop of 30,000 LUCE to new users. More details regarding this event can be found in BYDFi's official announcement.
“While Meme tokens can be volatile and risky, BYDFi is committed to providing a diverse range of trading options,” said Michael, founder of BYDFi. “We encourage users to trade cautiously and make informed decisions as we continue to offer a secure and efficient trading environment.”
About BYDFI
One of Forbes' top 10 Crypto Exchanges, serving millions of users across more than 150 countries and highly regarded by authorities like CoinMarketCap and CoinGecko, BYDFi is a cryptocurrency exchange that offers trading in over 600 tokens and supports up to 200x leverage for perpetual contracts. The exchange also has a focus on user security, offering 0% trading fees and partnering with Banxa, Transak, and Mercuryo to simplify cryptocurrency purchases. In addition, BYDFi has developed numerous trading tools, such as Grid Trading and Auto-Invest strategies, which aim users to capture market opportunities while reducing market risks.
Contact
Senior Media Directorchloechloe@bydfi.com
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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