The team behind Mochi DeFi has big plans for the week ahead, building on the momentum established during "Uptober." After seeing the project's market capitalization rise to 1.2 million from a previous 300K, Mochi now has a stable floor price around 550, and the outlook for the upcoming weeks is bullish.
A major focus for the team has been supporting the price chart and preparing for future centralized exchange (CEX) listings. Over the past week, Mochi's team has conducted 34 BNB worth of buybacks, and they’ve committed to continuing these efforts throughout November to ensure steady growth. Investors who have been staking their Mochi tokens have already seen significant rewards, with over 155 BNB paid out since the Dapp’s launch. If you're not yet staking, the team encourages new and current holders to consider this as part of their strategy.
Looking ahead, the team is determined to surpass its previous all-time high (ATH) of 2.2 million in market cap. As the project gains traction, it’s clear that many traders are keeping a close eye on Mochi DeFi for updates. These updates, according to the team, will keep flowing throughout November and beyond, driving further growth.
Roadmap and Key Developments
Mochi DeFi is set to release its long-term roadmap this week, which will outline its objectives for the rest of 2024 and into 2025. The roadmap will provide clarity on the project's community goals, product developments, and market cap targets.
A highlight of this week’s developments is the rollout of Mochi Dapp V2 Sakura. The new update will introduce an array of features, including a revamped analytics dashboard, new reward mechanisms, and additional utilities for users. The update is expected to enhance the user experience significantly, with much anticipation surrounding the introduction of the Sakura reward mechanism.
Another major update is on the much-anticipated CEX listing with WEEX. Although there have been some minor delays due to technical issues with the deposit mechanism, the team is working diligently to resolve the issue. If the challenge isn't resolved soon, the team has alternative plans for another CEX listing, ensuring that the momentum isn’t lost.
New Marketing and Community Initiatives
In addition to the product developments, Mochi DeFi is preparing to launch a marketing blitz this month. With several initiatives planned, including the launch of a dedicated news and announcements portal on the Mochi website, the team is focused on expanding its reach beyond Telegram and engaging a broader audience. A new email newsletter will also accompany this portal to keep users informed with regular updates.
The team is also planning a series of community events, including VC sessions, Twitter Spaces, AMAs, and other interactive activities. A detailed schedule for these events will be released soon, providing users with ample opportunity to engage directly with the team.
As Mochi DeFi enters a critical phase of growth, it’s clear that the team is focused on delivering results. With a clear roadmap, continuous product improvements, and a renewed marketing push, Mochi is gearing up to make a major push in November, with expectations high for a new ATH.
This is a press release and does not contain any recommendations.
