Web3 social app Tipcoin and Telegram Bot project Banana Gun are preparing to launch their own cryptocurrencies this week. Altcoin projects continue negotiations for centralized exchange listings.
2 new altcoins will enter the market this week
Today Telegram Bot project Banana Gun announced on the social platform that BANANA will debut on September 12. The token contract will be published in the official announcement on Telegram. Additionally, the liquidity/total cap increased from 300,000 tokens worth $195,000, which is 25%, to 500,000 tokens worth $309,000, which is 38%. The amount of newly added altcoins will come from the reserve treasury.
On September 9, Banana Gun announced that it had completed its pre-sale. The Altcoin team said that they will be able to take part in the centralized exchange early next week.
Tipcoin gave a date for TIP
In another announcement, Web3 social app Tipcoin announced that it will release the token TIP on the social platform next Wednesday. It announced that it will publish an article introducing the token economy, liquidity and contract details before Tuesday. Tipcoin allows users to participate in content creation and share tweets, quotes, etc. It allows them to earn Point Tokens through Altcoin debuts as a new social project based on Twitter
TipCoin is an ERC-20 token using Ethereum. It is also designed to enable users to tip other Twitter users for their content and engagement. The mechanism is extremely simple. Users collect points by replying by tweeting or mentioning @tipcoineth and TIP.
Binance is changing leverage rates for this altcoin
Meanwhile, Binance has announced that it will readjust PERPUSDT U leverage. Increased the PERPUSDT U-margin contract funding rate ceiling multiplier from 0.75 to 1. This means altcoin traders can now take larger positions with PERP.
As Cryptokoin.com reported, PERP witnessed significant institutional investments this week. Famous altcoin investor DWF Labs purchased 100,000 PERP worth $109,000 from Binance on September 8.