Warning: Attempt to read property "post_title" on null in /home/l9s486wnf6gu/public_html/wp-content/plugins/wp-rss-feed-to-post/includes/wprss-ftp-display.php on line 111

Hodl4Gold, a 13% BUSD rewards token known for being the first to launch with multiple live utilities, is setting a new standard for projects in the tokenomics space. The highly anticipated project saw $10 million in market cap within minutes of launch, reaching a high of $20 million in its first two weeks, while paying out over $1 million in rewards and airdrops. The token now adds another industry first to its resume with the acquisition of Project One Whale (POW), adding over 4000 new holders to H4G in the first ever buyout on the Binance Smart Chain network.Project One Whale, a reflection token in which holders share a percentage of profits generated through its investment fund, underwent internal turmoil last week as a number of trades made by the fund underperformed, causing division within upper management. The ensuing events saw several managing team members exit the project, leaving investors without direction or leadership as POW continued to fall over 90% from its all-time trading highs.In an unprecedented move for the space, Hodl4Gold stepped in with an offer to the remaining POW leadership, out of concern for investors in what was once regarded to be a very promising project. The agreement saw the transfer of POW team assets, including the remaining investment fund, to Hodl4Gold, which was in turn used to buy H4G for distribution to all remaining POW holders.Eligible POW holders will automatically receive a token swap of POW to H4G at a rate of 15:1, in what may prove to be the best investment to date for the short-lived fund. Hodl4Gold, with its aggressive product roadmap, has seen impressive growth since launch despite the downturn in the overall crypto market. The token will debut several utilities in the coming weeks, including an NFT marketplace to be directly integrated with their no-code minter dApp, which offers industry-low prices at 0.02 BNB per mint.While extremely uncommon in the crypto world, let alone the DeFi space, the acquisition of POW by H4G may prove to be the precursor of a new trend in the cryptosphere. As the reward tokenomics space matures and competition between projects ramps up, tokens with strong financial outlooks and solid roadmaps may see more opportunities arise to merge with or acquire coins with less certain long-term prospects. Hodl4Gold, despite its relative newness on the scene, has demonstrated its commitment to these fundamentals, and with product development ahead of schedule, remains open to further acquisitions in the future.Follow the project on social media:Twitter: https://twitter.com/Hodl4GoldDiscord: https://discord.gg/Hodl4GoldTelegram: https://t.me/H4G_Official_ChatWebsite: https://hodl4gold.com

This press release was originally published on this site

You May Also Like

Jaques Sermand Launch Brings Together Watch Enthusiast Through NFT-Powered Community Building

In the world of luxury timepieces, Jaques Sermand stands tall as an…

Worldcoin Orb has officially Launched its Global Tour

Worldcoin, a transparent protocol, thrives through the support of a global consortium…

Ledger Markets Announces Award-Winning AI Trading Platform for 2024

Ledger Markets, a leader in AI-driven trading solutions, is proud to announce…

SNOR: The Sleep-to-Earn Meme Coin Taking BSC by Storm | Hit $1M Market Cap with Just Vibes, Community, and Patience

SNOR: Sleep Your Way to Moonshot Gains Tired of chasing green candles…

WEMIX enters into strategic partnership with Chainalysis

Chainalysis is the leading company in crypto assets-related crime investigations and customer…

AlphaGrowth to Lead Compound DAO’s Strategic Expansion in DeFi

Compound DAO, a leading decentralized finance (DeFi) protocol, announced the formalization of…

SphereX Celebrates Its Grand Launch with Dual-Track Event: Warp Drive and Lightspeed Tracks Offer Exclusive Atlas Collections NFT Airdrops

SphereX, the ultimate DEX to launch on Blast, is proud to announce its grand launch event,…

ClassicDoge Launches their NFT Staking and New Exchange Listing Plans


Warning: Attempt to read property "post_title" on null in /home/l9s486wnf6gu/public_html/wp-content/plugins/wp-rss-feed-to-post/includes/wprss-ftp-display.php on line 111
ClassicDoge utilized the basic concepts of blockchain, NFTs, and Metaverse to develop…

OrdiChains began its internal testing of the cross-chain bridge for its planned launch next week

OrdiChains is pleased to announce that the cross-chain bridge part has entered…

Australian Dollar Rises as USD Weakens Amid Ongoing US Government Shutdown

The Australian Dollar (AUD) continued its upward momentum against the US Dollar…