TL;DR Well-known cryptocurrency exchanges like KuCoin, Gate.io, and Bitget have supported the upcoming launch of TREAT, announcing special token distributions to users. Despite the excitement, people should beware of fraudsters who offer fake services involving the meme coin. How to Claim the Tokens? Shiba Inu’s ecosystem continues to evolve, expanding beyond its origins as a meme coin. The most recent example of that progress is the upcoming launch of TREAT, scheduled for January 14 . The coin is designed to enhance utility and engagement across the network’s projects. It will also serve as a reward token within the ecosystem and provide liquidity for the proposed stablecoin SHI. Some leading cryptocurrency exchanges that have already embraced TREAT include KuCoin, Gate.io, Bitget, MEXC Exchange, and more. To celebrate the launch, three of those have also unveiled a special airdrop to users. LUCIE – Shibarium’s Marketing Strategist – explained in detail how people can claim TREAT tokens. First, they need to create a Bitget, KuCoin, or Gate.io account. Second, they should visit Shiba Inu’s official website, provide a user ID, and deposit the designated address. Once those details are submitted, the accounts will be whitelisted and “ready to receiv e TREAT tokens.” “Follow these steps carefully and always use official platforms. Shib is dedicated to maintaining a secure environment – stick to the trusted process and avoid shortcuts,” LUCIE added. Gate.io has promised to distribute 1,000,000 TREAT, KuCoin will airdrop 3,000,000 coins, while Bitget users will split 87,450,000 tokens. Stay Away From Scammers Besides announcing the details behind the airdrops, LUCIE also warned people to remain cautious due to potential fraudulent schemes surrounding the launch. The X users advised users not to click on any links on X (formerly known as Twitter) or connect their wallets. Earlier this month, Shibarium Trustwatch (an X account that aims to provide security) maintained that bad actors have used the ongoing excitement as an opportunity to offer fake TREAT services to unsuspecting victims: “They are now using SHIB socials linked to their FAKE TREAT. Please don’t be misled by these predatory scammers. They can be called vultures, circling and looking for their next feed. We ask with heaven on our side, please do not fall for these scams. Be clear: the TREAT launch is scheduled for the 14th of January 2025, not before. If you are unsure about anything at any time , check with us first. Stay safe, SHIBARMY.” The post Shiba Inu Unveils a Special Airdrop Ahead of TREAT’s Launch: Details appeared first on CryptoPotato .
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WXT Token Rises 101% in 24 Hours, Surpassing $0.0333 Amid WEEX Exchange Expansion
SINGAPORE, Jan. 13, 2025 /PRNewswire/ – WXT, the native token of WEEX Exchange, experienced a 101% price increase within 24 hours on January 11, 2025, reaching a trading price of $0.0333 (latest: $0.0339). This growth aligns with WEEX’s continued global expansion as a cryptocurrency exchange. Token Performance Overview: Data Source: CoinMarketCap This development coincides with WEEX’s ongoing global expansion. As a rapidly growing cryptocurrency exchange, WEEX continues to increase its presence in the competitive marketplace, with WXT emerging as an integral part of its ecosystem. This surge comes as WEEX, continues to expand its global presence. WXT’s price trajectory reflects the growing influence of WEEX in the competitive cryptocurrency market. WXT: Reflecting WEEX’s Rapid Growth As Andrew Weiner, Vice President of WEEX, highlighted in a recent annual update, “WXT has achieved a price increase of nearly 450% since its issuance. And WXT’s trajectory mirrors WEEX’s incredible journey of growth.” To further enhance its global outreach, WEEX has partnered with renowned football star Michael Owen as a brand ambassador. This collaboration aims to build increased brand visibility, positioning WEEX as a widespread and innovative platform in the cryptocurrency space. According to the WEEX white paper, WXT’s ecosystem offers diverse utilities for its holders, including trading fee discounts, staking rewards, early access to new projects, and participation in airdrops. Additionally, WEEX has implemented a strategic buyback and burn mechanism, reducing WXT’s circulating supply as part of its ecosystem development strategy. These features position WXT as a multifunctional token that appeals to both active traders and long-term participants within the ecosystem. Exchange Tokens and Their Growing Potential This bull market has further cemented the role of platform tokens as integral components of exchange ecosystems. Platform tokens have shown their ability to enhance user engagement by offering features such as fee adjustments and access to platform-specific benefits. As WXT gains momentum, how will it evolve within the ecosystem and shape its role in the platform token landscape? While its recent performance is promising, only time will tell if WXT can achieve the same level of success as its peers. About WEEX Founded in 2018, WEEX Exchange swiftly rose to prominence as a key global player in the cryptocurrency sphere. Boasting a diverse selection of over 1,000 trading pairs and spearheading a zero trading fee initiative for new token introductions, WEEX Exchange has earned widespread recognition throughout the industry. Introducing “WEEX WE-Launch,” a portal to exciting opportunities that empower users to acquire WXT tokens and engage in exclusive token giveaways, signaling a new chapter of participation and empowerment. With an active user base exceeding 5 million, WEEX Exchange has solidified its standing as a top 5 platform on CoinMarketCap, underscoring its unwavering commitment to excellence. For more information: Website : WEEX Exchange Crypto Potato
Bitcoin Holding Costs Surge: Public Companies Average Over $81,000 Post-Trump Election
On January 14th, COINOTAG News reported on significant trends regarding Bitcoin holdings by publicly traded companies following the recent electoral cycle. According to data sourced from OKG, these entities faced Crypto Potato