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Cryptocurrency News Articles
6 Token Generation Events (TGEs) Planned for This Week: Animecoin, Orbiter Finance, Plume Network, Jambo, Ethos Network, BAD Coin
Jan 20, 2025 at 11:40 pm
Alongside crypto airdrops, token generation events (TGE) are another easy entry for investors into high-potential projects. With the following TGEs planned for this week, interested investors have a chance to join the projects early.
Several promising token generation events (TGE) are lined up for this week, presenting an opportunity for investors to join high-potential projects early on. Here's a closer look at five notable TGEs scheduled for the week:
1. Animecoin Animecoin is up for grabs this week as the OKX Jumpstart Mining will commence on Monday at 6:00 am UTC on Jan 20, 2025. This program allows users to stake their OKX’s native token, OKB, and Bitcoin (BTC) to earn ANIME tokens in return.
“Introducing ANIME (Animecoin) on OKX Jumpstart The OKX Jumpstart Mining will commence at 6:00 am UTC on Jan 20, 2025. OKB and BTC holders can stake both OKB and BTC to mine ANIME tokens in return,” announced OKX.
In a recent update, the project team announced that its Token Generation Event (TGE) will take place on January 23. The project's unique allocation method has garnered attention as it utilizes Collector Score (CS) points instead of relying solely on NFT ownership.
2. Orbiter Finance Another TGE to watch is Orbiter Finance, a prominent Layer-2 (L2) scaling solution whose TGE is set to occur on Monday, January 20. This event will likely reward early adopters and participants in the Orbiter Finance ecosystem.
“Orbiter Finance’s token TGE on Jan 20, 2025,” noted the network.
Orbiter Finance’s OBT tokens carry ERC-20 governance and utility, designed to propel the protocol’s vision of an omni-chain future and mass adoption of Web3 technologies. It will be launched on the Ethereum, Arbitrum, and Base networks with a total supply of 10 billion tokens.
3. Plume Network Another noteworthy TGE this week is Plume Network, a public blockchain designed to scale real-world assets (RWAs). It facilitates activities ranging from earning yield to borrowing, lending, and trading. Currently, the network operates in a private testnet and supports over 80 RWA and DeFi ecosystems.
The Plume Network TGE for its PLUME token will occur on Tuesday after the network raised two funding rounds, amassing $30 million. Some of the lead investors in the project include Brevan Howard, Lightspeed Faction, and Galaxy.
“Today, we’re proud to announce our $20 million Series A from leading investors in both crypto and TradFi,” announced the network in December.
4. Jambo This mobile application, which offers services like ride-hailing, banking, communication, and food delivery, will launch its J token on January 22. The token generation event follows the project raising $37.5 million from several investors, including Paradigm, Pantera, and Gemini.
“The ticker is J A new era for Jambo launching January 2025,” stated the project in January.
Jambo’s J token is set to launch on Solana with a total supply of one billion tokens. To celebrate the occasion, the project will be giving away 50 JamboPhones to participants in its Token Generation Event (TGE).
5. Ethos Network Another TGE highlight this week is Ethos Network, a credibility platform that incentivizes ethical behavior and generates a score to help determine who to trust or avoid. It aims to enhance the crypto economy by making credibility an integral factor in transactions and interactions. The project’s TGE will take place on January 22, followed by the mainnet launch. This project raised $1.75 million.
“Ethos mainnet launches Jan 22 @ 18:00UTC on Base,” announced the network.
This TGE also follows the project achieving a significant increase in the number of profiles, a milestone that prompted the Ethos network to hold its snapshot last week.
On a related note, meme project BAD Coin had the TGE for its BADAI project scheduled for this week. However, the network has postponed it, citing strategic partnership negotiations.
“The scheduled BADAI January 20th TGE is being strategically postponed after discussions with key, important partners. While excellence takes time to perfect, rest assured – this adjustment serves to strengthen BAD’s position in the ecosystem. A new launch date will be announced when all elements are optimized for maximum impact,” the announcement stated.
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