Market Cap: $3.4494T -1.290%
Volume(24h): $112.8773B -16.660%
  • Market Cap: $3.4494T -1.290%
  • Volume(24h): $112.8773B -16.660%
  • Fear & Greed Index:
  • Market Cap: $3.4494T -1.290%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$102650.959537 USD

0.04%

ethereum
ethereum

$3143.610721 USD

-1.62%

xrp
xrp

$3.112987 USD

0.45%

tether
tether

$0.999777 USD

-0.03%

solana
solana

$233.280576 USD

-2.55%

bnb
bnb

$676.885796 USD

-0.27%

usd-coin
usd-coin

$1.000051 USD

0.01%

dogecoin
dogecoin

$0.331944 USD

-0.55%

cardano
cardano

$0.943614 USD

-0.83%

tron
tron

$0.242693 USD

-1.73%

chainlink
chainlink

$23.424739 USD

-3.22%

avalanche
avalanche

$33.482250 USD

-1.59%

stellar
stellar

$0.401846 USD

-1.42%

toncoin
toncoin

$4.873784 USD

-2.06%

hedera
hedera

$0.308794 USD

-2.26%

Cryptocurrency News Articles

Orbiter Finance and Azuki-Linked Anime Reveal Token Generation Event (TGE) Dates, Aligning with President-elect Donald Trump's Inauguration

Jan 17, 2025 at 10:09 pm

Coincidentally, the dates align with President-elect Donald Trump's inauguration, giving forward-looking traders and investors ample time to position themselves strategically amid expected volatility.

Orbiter Finance and Azuki-Linked Anime Reveal Token Generation Event (TGE) Dates, Aligning with President-elect Donald Trump's Inauguration

Layer-2 (L2) scaling solution Orbiter Finance and Anime, an Azuki-linked project, have both announced the dates for their Token Generation Events (TGEs), which will take place in the same week.

The TGEs also happen to coincide with President-elect Donald Trump’s inauguration, giving traders and investors a heads-up to prepare for volatility in the markets.

Orbiter Finance Announces TGE Date

In a statement shared on X (Twitter), Orbiter Finance revealed the TGE date for its OBT token, which will be Monday, January 20. The token generation event will serve as a way to reward early adopters and participants in the Orbiter Finance ecosystem. Details regarding eligibility and the distribution mechanics are expected to be announced closer to the event.

“Orbiter Finance’s token TGE on Jan 20, 2025.”

The announcement highlighted the network’s growth journey since its inception three years ago, revealing that it has garnered up to 4.3 million users, facilitated over $28 billion in transactions, and completed over 35 million transactions. Notably, a decentralized team of smart contract experts and engineers developed the project.

“This milestone airdrop represents our gratitude to our amazing community that has supported and shaped our journey from the beginning,” Orbiter added.

OBT is an ERC-20 governance and utility token designed to drive the protocol’s vision of an omni-chain future and mass adoption of Web3 technologies. It will launch on Ethereum, Arbitrum, and Base networks with a total supply of 10 billion.

The announcement comes just five months after Orbiter Finance reported an impressive $50 million in annual revenue, which reflects the growing adoption of L2 solutions. However, the journey has not been without challenges. Two years ago, Orbiter Finance faced a cybersecurity incident when hackers targeted its Discord server with a fake airdrop scam.

Anime TGE, Community Response

The OBT TGE will add to the list of token generation events expected next week. ANIME, the token powering the open Anime universe, will set its TGE for January 23, 2025, just three days after OBT’s debut.

“ANIME is launching on January 23.”

Anime’s TGE is generating buzz among airdrop hunters and NFT enthusiasts. Specifically, its unique allocation mechanics, which use Collector Score (CS) points rather than solely NFT ownership, have drawn interest. Murkiwaters, an airdrop hunter, detailed the potential value of ANIME allocations.

“At $2 billion FDV [fully diluted valuation], 1 CS point is worth $30, assuming 25 million total CS points available. Base CS points: Azuki (1,000), Elementals (100), Beanz (67), Bobu (4).”

Further, the airdrop hunter also noted the significant values for individual NFTs indicating $30,000 for Azuki, $3,000 for Elementals, $2,010 for Beanz, and $120 for Bobu. However, not everyone is impressed by the market reaction. NFT investor LilStovetop noted the lack of a significant price surge for Anime-related NFTs despite the announcement.

“The ANIME TGE is set for January 23rd but now that the date is announced (6 days away) we’re not seeing a huge run up on the floor price like we saw with Penguins. Azuki: 13.5 ETH Elementals: 1.67 ETH Beanz: 0.81 ETH Why is this.”

Hyperliquid’s HYPE stakers will also receive Anime’s token airdrop, which will serve as an incentive for community participation.

Disclaimer:info@kdj.com

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!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jan 29, 2025