🌟 CyberKongz launches KONG to replace BANANA! 🌟

CyberKongz has officially announced the launch of its new currency KONG on the Ethereum network, replacing the previous BANANA currency. This change aims to enhance liquidity within the ecosystem and connect NFTs and DeFi with each other.

💡 Key Points:

Current BANANA holders will be converted to KONG at a ratio of 1:25.

2% of the total supply will be distributed as an Airdrop to the Ethereum NFT community later.

The total supply of KONG will be 1 billion fixed coins on the Ethereum network.

📈 Market Impact:

KONG aims to increase participation in the ecosystem, with potential benefits in staking and rewards for Genesis, Baby, and KONG Stakers. Some compare this move to the launch of the APE currency for the Bored Ape Yacht Club community, which increased community engagement and dynamics within the ecosystem.

⚠️ Note:

The current market shows volatility of 16.4% over 24 hours, with trading volume decreasing by 65.55%. Experts advise caution against any potential regulatory reviews from the SEC on these systems.