Growth of UFD, HYPE and USUAL, stable market capitalization of US$ 1,800,000,000 of PENGU

(PRESS RELEASE – Mahé, Seychelles, December 24, 2024)

On December 24, 2024, the BYDFi crypto Exchange officially launched new tokens including PROMISES, ADVERTISING HYPE, UFDand USUAL. These are different Memecoins and DeFi tokens, which enrich the asset categories on the platform and provide global users with more investment opportunities.

Emerges from UFD and PENGU in the list of the most popular with a market capitalization of 1.8 billion dollars

UFDor Unicorn Fart Dust, is a meme coin in the solana ecosystem That has been growing with the label of “social experiment.” A 54-year-old gold and silver trader was inspired to create his own meme token, UFD, based on Fartcoin, which had a market capitalization of $500 million. The creation of UFD symbolizes the innovative trend of the cryptocurrency market, as well as the opening of the industry to investors of all age groups.

Of <a target="_blank" href="https://gmgn.ai/?ref=m4TE56o8″ target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>GMGN data, on December 19, the market capitalization of UFD has already passed $230 million The 24-hour price increase was 434%and a 24-hour trading volume of $145.4 million.

According to Onchain Lens, an address that bought UFD from the beginning changed $700 in 1.8 million dollars in less than 7 hours. According to Lookonchain, a trader bought 12.98 million UFD tokens for 0.4 SUNS Two days ago. During the price rise, the trader sold more 80,000 UFD chips twice, compensation $4,500 while holding 12.9 million tokens in your account.

PROMISES It is the official token created by the Chubby penguins projectcontaining 8,888 unique cartoon penguin nfts. Each nft generates randomly assigned qualities using up to 150 hand-drawn components. These penguins have up to five different characteristics, such as distinctive backgrounds, body shapes, clothing, and accessories.

PENGU launches into the solana blockchain in December 2024 with a total of 88,888,888,888 chips. The overall market capitalization has crossed 1.88 billion dollarsand the 24 hour trading volume is $360 millionwith 62.86 billion tokens in circulation. The project aims to drive Web3 innovation through the Abstract public blockchain and developer incubator, and is supported by Pudgy Penguins' strong nft community. Recently raised summary $11 millioncoming mainly from Peter Thiel Founders Fundand therefore offers great support for the development of the PENGU ecosystem.

Chain speed and stable ecosystem: dual innovations of HYPE and USUAL

ADVERTISING HYPE is the native token of the Hyperliquid decentralized derivatives protocol and is the flagship asset of the high-yield L1 platform. With sub-second latency and full transparency across its order book, trading and settlement, Hyperliquid focuses on fully on-chain trading. The Hyperliquid platform is a rising leader in the DeFi industry, with a total asset value of $2.173 billionaccording to data from DefiLlama.

HYPE price has increased by 1345% since it was released from $2 to $28.91. The 24-hour trading volume for HYPE has now surpassed $15 billionaccording to data from <a target="_blank" href="https://x.com/HyperliquidX/status/1870413637392941131″ target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>@hiperlíquidoXwhich marks a new record.

USUAL is the native governance token of the usual protocol. Its goal is to create a secure and efficient stablecoin ecosystem backed by real-world assets or RWAs. Among its main functions are:

1. Governance: Transparency in decentralized governance and community leadership is ensured by allowing holders to participate in crucial protocol decisions such as profit distribution and collateral management.
2. Produce: Users can benefit from the protocol's RWA investments with US Treasury bond yields by staking USUAL.
3. Stablecoin ecosystem: supports the main products of the protocol, being USD0a stablecoin, which RWA supports and USD0++a variant of liquid participation, and holders can share the income through management or participation.

It also ties the issuance of USUAL tokens to the total value locked, where increases in TVL reduce the supply of tokens, thus constituting a deflationary mechanism which can increase value in the long term. As of December 18, the mintage of USD0 was considered to have reached a record high 190 million units with total supply increasing beyond 1 billion net units 136 million units. It can be established that the high level of capital attraction of the Usual procedure occurs when income from the Treasury is reached. $5.89 million. The rise of USD0 and USD0++ will improve the TVL by increasing the scarcity and value appreciation of USUAL. At the time of writing, the price of the token is $1.39above 34.2% compared to the previous day. In $838,695,117The volume of trade is greater than in the past.

Meanwhile, BYDFi has simultaneously launched additional tokens, including FUEL, OLD, SENDand ARCOSOL. Users can visit the BYDFi official website or the <a target="_blank" href="https://apps.apple.com/us/app/bydfi-buy-btc–eth-doge/id6444251506?mt=8″ target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>BYDFi app to stay updated on the latest market trends and detailed information about these tokens.

About BYDFi

Founded in 2020, BYDFi is considered among the Top 10 crypto Exchanges worldwide according to Forbes, and trusted by millions of users around the world. It currently supports over 600 tokens for spot trading, with leverage options from 1x to 200x to suit every investment strategy. Furthermore, BYDFi has also simplified the cryptocurrency purchasing procedure by working with world-class payment service providers such as<a target="_blank" href="https://www.bydfi.com/en/fiat-crypto” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”> Girls, Transak and Mercuryallowing its users buy coins at low cost.

In the future, the next “BYDFi copy trading” The feature will automatically suggest the best traders based on the user's risk tolerance and account assets. Users can easily activate copy trading mode with just one tap and replicate the strategies of professional traders. BYDFi aims to provide a world-class crypto trading experience for its users.

Contact BYDFi

For queries and support, users can contact them through the following:

<a target="_blank" href="https://twitter.com/BYDFi” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>twitter(x) | LinkedIn | <a target="_blank" href="https://www.facebook.com/BYDFiOfficial” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>facebook | Telegram | YouTube

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