The cryptocurrency market is having an active day today with various developments. Important news such as record prices for PANDORA coin, the second phase of Pyth Network’s airdrop program, the rise of ERC-404 concept tokens, BitTorrent’s sudden increase and the record price of Farcaster’s meme token DEGEN stand out.
$47 million airdrop from Pyth Network
Pyth Network announced the second phase of its retroactive airdrop program. 167 decentralized applications (dApps) that have used Pyth’s price data for transactions in the protocol can participate in this airdrop. 100 million PYTH tokens, worth approximately $47 million, will be distributed to dApps participating in the airdrop. These dApps include decentralized exchanges, borrowing/lending protocols, structured products, stablecoins, and data analysis applications. Additionally, Pyth Network distributed 255 million PYTH to more than 90 thousand wallets in the first phase of the airdrop.
PANDORA coin and others with ERC-404 concept flew
According to market data on February 8, there is a general upward trend in ERC-404 concept tokens. PANDORA, DEFROGS, 509% and ROCK are among the prominent tokens with an increase of 128%.
BERRY of BTT, DEGEN and Pixels rose
On the other hand, BitTorrent (BTT) increased by more than 40% in the last 4 hours to $ 0.0000011. The reason for this sudden rise is currently unknown. On the other hand, Farcaster’s meme token DEGEN reached a new record level, exceeding $0.005. DEGEN’s increase in the last 24 hours was 35%. On the other hand, Pixels’ in-game currency BERRY exceeded $0.0014 and rose to $0.001475. BERRY’s increase in the last 24 hours was 161%. Pixels had previously announced that BERRY would be phased out and BERRY owners would be rewarded with PIXEL.
cryptokoin.com As we reported, Pixels is a project that Binance announced this morning that it would list on Launchpool. Finally, according to OKX market data, TIA exceeded $ 19.5 and rose to $ 19.51. TIA’s increase in the last 24 hours was 12.51%. CFX, on the other hand, exceeded $ 0.23 and rose to $ 0.2336. CFX’s increase in the last 24 hours was 13.78%. The cryptocurrency market is having a very active day with the impact of these news. It is important for investors to follow these developments closely and plan their investments accordingly.
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