$VGX vgx has started to move, get ready to get on board! The VGX Foundation announced a partnership with Gala Games to integrate VGX into specific Web3 games as a reward token. After VGX is integrated with Gala Games, gamers can obtain game achievements in specific games through Gala Games. The VGX Foundation stated that it has not acquired any VGX tokens, but there are currently more than 278 million VGX tokens in circulation. Its goal is to promote the development of the decentralized game economy through VGX, and use VGX as an in-game currency and reward mechanism to support a diverse game community.
An overview of the major crypto events in June, remember to pay attention!
• Stake RabbitX’s native RBX token to get new BFX tokens - June 1 DeFi • Fractal (Frax finance) hackathon stimulates the ecosystem • Ether.fi S2 airdrop scheduled to end on June 30 (5% of supply) • Maker begins Phase 1 of “Endgame” (subDAO launch possible?) • Platypus Finance has been acquired by Stable Jack - Token Conversion • Swell TGE will happen in a few weeks in conjunction with the “Voyage” airdrop (8% of supply) • “Ether.fi Cash” is coming soon, offering native savings accounts and Visa credit cards
Pay attention to the June airdrop project and important token unlocking
• LayerZero airdrop rumored to be in June • zkSync airdrop will take place on June 13th • Blast L2 airdrop will take place on June 26th • Lisk L2 blockchain launch and token migration • zkEVM L2 Taiko airdrop (5% of supply) will take place sometime in June • Fluent announces Blend - L2 combining WASM, EVM and SVM Important token unlocking • June 1st $SUI 7.29% of total supply enters circulation • June 1st 3.63% of total $ENA supply entered circulation • June 1st $DYDX 11.9% of total supply enters circulation • On June 1, 8.5% of the total supply of $1INCH entered circulation
Web3 publishing platforms Paragraph and Mirror merge into Paragraph, raise $5 million • Fantom Foundation raises $10M and announces Sonic Foundation $S and Sonic Labs, as well as upcoming blockchain • NodeOps raises $5 million • StripChain raises $10 million • Zeta Markets raises $5 million • Farcaster raises $150 million in Series A funding • Blockless raises $8 million in seed funding • Babylon raises $70 million led by Paradigm
While most derivatives faded away, some stood out, such as APU, a community token that has withstood the test of developers and currently has a market cap of $215 million. Perhaps more interesting is competitor PepeCoin, which predates PEPE, launching as a custom L1 blockchain in March 2016 and migrating to ETH in April 2023. Unlike PEPE, PepeCoin aims to build an emerging tech ecosystem that includes dApps such as Pepe Paint (an MS-Paint-style NFT creator) and Pepe Messenger (a wallet-to-wallet communication tool).
"Pipi" has increased by more than 1100% this year, it's too skinny
In April 2023, PEPE's token supply reached a maximum of 420.69T. PEPE is one of the most famous memes on the web, and its rise can first be traced to cultural significance. Although originally created by cartoonist Matt Furie as an apolitical character, Pepe was co-opted as a right-wing meme that showcased the dark side of online culture. Fast forward nearly a decade, and Pepe the Frog has largely faded from controversy, remaining a fixture on crypto Twitter. Up more than 100% this month and more than 1,100% year to date, PEPE has surged to the position of the third-largest memecoin with a market cap of $6.2 billion.
Is encryption algorithm or legislation more important?
#加密货币立法 Web3 infrastructure and digital certificate network Galxe (GAL) said on Wednesday that it is building its own L1 smart contract platform Gravity and migrating all its products to the new blockchain. The first version of the network, built on the Arbitrum Nitro technology stack, will be launched in June to test cross-chain settlement in an open and transparent manner. The Gravity mainnet has native staking and re-staking functions and is scheduled to go online in the second quarter of 2025. The Galaxe team said that the reason for creating Gravity is that the platform’s user base has grown significantly over the past three years, currently with 20 million users and 100 million transactions per month, so a more efficient and scalable solution is needed to manage cross-chain interactions between the 34 blockchains supported by Galxe.
Bloomberg ETF Analyst: US Spot Ethereum ETF May Be Launched in June, Is It True?
Today, Bloomberg ETF analysts at the Consensus 2024 conference in Austin, Texas, US presidential candidate Robert F. Kennedy Jr. expressed his views on Trump's guilty verdict and cryptocurrency. Kennedy said he would focus on economic and health issues and would not be involved in Trump or Biden's legal disputes. Kennedy appreciated Trump's new support for cryptocurrency, believing that it would contribute to freedom and transparency. He hopes that President Biden will take a similar stance. Kennedy pointed out that the key issue of US cryptocurrency regulation is trading freedom and transparent currency. He promised to protect consumers from fraud while ensuring that the United States remains at the forefront of blockchain technology. He revealed that he bought 21 bitcoins during the campaign and bought three coins for each child. Kennedy also expressed his vision of using cryptocurrency as a trading currency and advocated not to impose capital gains tax on it. His campaign goal is to enable people to use cryptocurrency freely for daily transactions. Eric Balchunas said that after BlackRock and Grayscale updated their documents, the US spot Ethereum ETF may be launched at the end of June, which is a reasonable possibility. The possibility of a launch in mid-June is small, and the latest listing date for the product is expected to be July 4.