Binance-listed Astar Network has announced something is coming soon. Solana-based Jupiter has announced an ambitious token airdrop program. A new boxing legend has joined the popular meme coin Shiba Inu (SHIB) ecosystem. Here are the details….
There is important news from Astar, Jupiter and Shiba Inu (SHIB)…
A mysterious announcement came from Astar Network!
As you follow from Kriptokoin.com, after a decline, the crypto market is struggling to recover. Although the leading cryptocurrency Bitcoin managed to rise above 37 thousand dollars, it could not hold on. Altcoin projects, on the other hand, are on a downward trajectory, with some exceptions. One of them is Astar Network, which is also on the Binance list. Amidst this negative atmosphere, the founder of the project, Sota Watanabe, said, “Something new is coming soon.” He made this announcement by saying.
However, this news failed to have a positive impact for the altcoin. ASTR was trading at $0.067146 at press time, down 2.36% on a daily basis. The transaction volume of the token in the last 24 hours is approximately 36 million dollars.
Jupiter announces major token airdrop program
Jupiter, Solana’s leading decentralized exchange (DEX) aggregator, has announced an ambitious token airdrop program. The initiative aims to distribute a significant portion of the platform’s tokens among its users in four stages. Therefore, this airdrop marks an important milestone for the project and its dedicated community. The announcement was made by the project’s founder, nicknamed Meow. Accordingly, as part of the airdrop strategy, Jupiter will allocate four billion tokens, equivalent to 40% of the total supply of 10 billion tokens.
Meanwhile, the first phase of the airdrop is the one that will start next week. At this stage, the project will distribute a staggering 1 billion tokens to users who are actively engaged in the protocol. The eligibility requirement for users for this stage is to have a trading volume of at least 1,000 dollars on the platform. The eligibility list includes 955,000 wallets in a snapshot on November 2. This underlines the inclusive nature of the awards programme.
Boxing legend Shiba Inu (SHIB) joined the ecosystem
In another major wave in the crypto ecosystem, boxing legend Manny Pacquiao announced a partnership with meme coin Shiba Inu (SHIB), which has since sparked a stir among community members. In this regard, Pacquiao confirmed his partnership with SHIB through a video published on his foundation’s page. The boxing legend said, “Thank you to the SHIB community for supporting the Manny Pacquiao Foundation. We are excited about this partnership. “May God protect you,” he said.
The partnership follows an earlier announcement from the Shiba Inu team that hinted at a collaboration with a well-known athlete. According to the announcement, this partnership would commemorate the meme coin’s launch of the second edition of The Shib Magazine, with a distribution of 3,000 NFTs. With this development, Pacquiao took his place as one of the important names participating in the crypto ecosystem in the sports world. Thus, he joined another legend, Mike Tyson. Meanwhile, the two famous boxers have each launched NFT collectibles.