Impossible Finance will open the Fuel token sale on December 17
All eligible users can participate and receive FUEL with a FDV of $200 million. The purchase start time is December 17 at 18:00, and 100% of the tokens will be unlocked at TGE. The total allocation this time is 90 million tokens, with a unit price of $0.02. Among them, the IDIA stakers allocation is 20 million tokens. The FCFS allocation for the Fuel ecosystem community whitelist is 10 million tokens. The FCFS allocation for Fuel cross-chain whitelist is 25 million FUEL tokens. The public FCFS allocation is 5 million tokens. Other community allocations total 30 million FUEL.
Basic Information Fuel is an operating system specifically built for Ethereum Rollups. Fuel allows Rollups to solve the PSI (Parallelization, State-Minimized Execution, Interoperability) problem without making any sacrifices.
1. Introduction to David Sacks: Trump will appoint David O. Sacks as the White House cryptocurrency and AI chief, responsible for leading U.S. policies and regulatory affairs in the cryptocurrency space. Sacks is a well-known Silicon Valley investor and a supporter of blockchain technology.
Trump stated: 'Sacks will work to create a legal framework to provide the clarity that the crypto industry has been seeking, allowing it to thrive in the United States.' Who is David Sacks? Why is he able to serve as the White House's cryptocurrency and AI chief? What impact will this have on the crypto market?
DeFi.app completes $2 million seed funding round, led by Mechanism Capital
Latest News on DeFi.app On December 5, news broke that DeFi.app completed a $2 million seed funding round, achieving a valuation of $100 million. This round was led by Mechanism Capital, with participation from Selini Capital, North Rock Digital, and about 50 angel investors. The financing was completed through a Simple Agreement for Future Tokens (SAFT) structure, reflecting the fully diluted valuation of DeFi.app's yet-to-be-launched native token HOME. DeFi.app aims to be the 'Robinhood of the DeFi space,' focusing on simplifying decentralized financial transactions while maintaining asset self-custody. In this round, DeFi.app only sold 2% of the total supply of HOME tokens. Greer stated that DeFi.app is more focused on promoting community participation through public token sales and plans to allocate at least 20% of the token supply for community distribution.
How will the cryptocurrency market trend before and after Trump's inauguration?
Based on historical market performance data from U.S. election years, the bullish momentum in the cryptocurrency market may slow down after Donald Trump takes office as president on January 20, 2025. According to data from Bloomberg and researcher Macrobond Financial, stocks and cryptocurrencies like Bitcoin performed well in the weeks following the presidential election in the U.S., then cooled down after the elected president took office. Data from research group TS Lombard shows that this is especially evident when the incumbent president is a Republican. Republicans are generally seen as more business-friendly, leading to greater market excitement after elections.
Binance will support a Wise Monkey (MONKY) airdrop for FLOKI and APE holders The airdrop ratio is 0.35 MONKY for holding 1 FLOKI and 804,828 MONKY for holding 1 APE, with rewards distributed proportionally based on the amount held at the time of the snapshot. Snapshot Time APE: November 29, 2024, 08:00 (UTC+8) FLOKI: December 15, 2024, 08:00 (UTC+8)
Latest news: Next week will see significant unlocks of tokens such as TAIKO, ADA, ENA.
According to Token Unlocks data, tokens such as TAIKO, ADA, ENA will experience significant unlocks next week, with TAIKO unlocking valued at about 20.9 million USD.
Taiko (TAIKO) will unlock approximately 9.29 million tokens at 8:00 PM Beijing time on December 5, accounting for 11.38% of the current circulation, valued at about 20.9 million USD;
Cardano (ADA) will unlock approximately 18.53 million tokens at 8:00 AM Beijing time on December 6, accounting for 0.05% of the current circulation, valued at about 19.8 million USD; Ethena (ENA) will unlock approximately 12.86 million tokens at 3:00 PM Beijing time on December 4, accounting for 0.45% of the current circulation, valued at about 10.5 million USD;
Solana Hits New All-Time High, Its Ecosystem Continues to Expand!
Solana's speed in reaching new all-time highs has far surpassed Ethereum. Today, Solana broke through $264, setting a new all-time high, and its market cap has exceeded $122.5 billion, making it the second public chain to surpass $100 billion after Ethereum.
Under the leadership of Solana's upward trend, various ecological projects have also experienced explosive growth. The re-staking protocol JTO surged over 24%, currently priced at $3.4. The DEX protocol RAY rose over 12%, now priced at $6.2, and JUP increased over 7%, currently priced at $1.1. Solana has rebounded from the last bear market bottom, rising from a low of $8 to today, returning over 30 times; what has Solana truly achieved? Overall data performance shows that Solana has carved out its own path, with representative ecological projects in AI, DeFi, and staking, and the overall data performance is commendable.