Sonic Labs announces an 80 million USD airdrop campaign, expanding to Americans
The airdrop campaign has a token burn mechanism if unlocked before the deadline, aimed at reducing selling pressure and protecting long-term value.
Sonic Labs, the organization operating the blockchain formerly known as Fantom until the end of 2024, has just announced an airdrop program with a scale of up to 200 million S tokens, approximately 80 million USD. Notably, the program has also expanded to American citizens, becoming one of the first legitimate projects to distribute tokens in the land of the free. #SONIC $S
Trump's media company is making a big bet on cryptocurrency with a plan to raise $3 billion while preparing to launch investment products marked 'America First'.
Trump Media & Technology Group (DJT), the company behind President Donald Trump's Truth Social platform, is planning to raise about $3 billion to invest in cryptocurrencies like Bitcoin, according to information from the Financial Times on May 26. Specifically, informed sources say Trump Media plans to raise $2 billion through the issuance of new shares and the remaining $1 billion through convertible bonds. This is seen as a bold move as the company seeks to expand into the financial services sector, beyond social media and streaming.