Town, the native token of alt.town debuted earlier today about Binance Alpha, followed by mentioning on several other centralized fairs.
Summary
- Town Token is mentioned on Binance Alpha, Mexc and other centralized fairs.
- A fake -token imitating city was launched on the BSC network.
According to an official X announcementBinance Alpha, the spotlight section in the main binance, was the first platform with alt.town (VILLAGE) on August 26 at 7:00 AM UTC.
Shortly after the offer, other scholarships such as Gate.io, Bitget and Mexc also added support for token.
According to his tokenomics, the tokentameration event has set its total stock at 2 billion city sticks. Of these, 4.5% or approximately 90 million tokens are reserved for community airdrops.
In addition, 29.5% of the total offer to the community is allocated, including the AirDrop allocation, while 15.5% of the offer is reserved for investors.
13% is reserved for the team and to guarantee liquidity, 9% is assigned to exchanges, while the treasury of the project has 13.5%. Finally, 17.5% is reserved for the development of ecosystem and 2% is designated for advisers.
According to data from Coingecko, the first few hours of trade with heavy Volatiltiy were met. Per Coingecko data, the city opened at $ 0.0192, rose briefly to $ 0.0197 and then dropped 16% to $ 0.0165 before he returned and settled at $ 0.0180 from the moment of printing. Market capitalization was $ 8.2 million.
Although the price of the fellow citizens at the time of writing seems to act steadily, investors must bear in mind that it could see further dips while holders want to make the profit by discharging their airdroped tokens.
Such an event occurs quite often in the crypto space, especially as soon as the Hype exchange list fades. As reported earlier by crypto.news, Tree, the native token of Defi protocol Treehouse, 40% only one day after the TGE and lists at several fairs, including Binance and Coinbase.
Traders must also take a fake city token into account, according to one warning Published by the alt.town team only a few hours before they act for Town Wen Live.
In particular, a token called Alttown AI with the Tickerstad was founded on the BSC network, the team of which warned that it was not affiliated with the project and entails the risk of a carpet pulling.
From the moment of the press there were no reports of losses, but the project team urged the members of the community to use only the official token address that was announced through official channels.
Publication: This article does not represent investment advice. The content and materials on this page are only for educational purposes.