Key Takeaways:
- BlastUP token is now listed on Bitget and MEXC, expanding its reach to over 35 million users.
- The platform offers staking rewards, with opportunities to earn additional BLASTUP tokens through Bitget’s promotions.
- A recent 30% supply burn of BLASTUP aims to increase scarcity, potentially impacting the token’s future price.
YEREVAN (CoinChapter.com) — The BlastUP token is now listed on Bitget and MEXC, with trading starting on August 20, 2024. The BLASTUP/USDT pair is available to over 35 million users across both exchanges. Bitget and MEXC have a combined 24-hour trading volume of around $3 billion. This listing follows the token’s $8 million presale and marks a significant moment for the BlastUP project.
The $BLASTUP presale attracted nearly 20,000 investors, raising $8,095,148 over 3.5 months. The token generation event (TGE) on August 20 officially launched BLASTUP on the Blast network, with the first 20% of presale tokens distributed to holders.
Bitget Offers Staking Rewards and Giveaway for BLASTUP Traders
Bitget has introduced several promotions alongside the listing. Users can stake BTC or USDT on the PoolX platform to earn a share of 2,285,000 BLASTUP tokens. This staking opportunity is available until August 30. Additionally, Bitget is offering a giveaway where 300 users who trade BLASTUP/USDT can win a share of 572,143 BLASTUP tokens.
BlastUP Token: Staking Opportunities, 30% Supply Burn, and Recent Price Drop
BLASTUP token holders can access various staking options within the BlastUP ecosystem. By staking, users gain access to the platform’s Initial DEX Offering (IDO) launchpad and can earn up to 12% APR, depending on the lock-up period. Staking also grants Booster Points, which increase eligibility for airdrops.
The BlastUP roadmap outlines upcoming developments, such as the introduction of MemePad, BlastUP Shield, and an AI IDO screener. Additionally, the platform burned 30% of its total $BLASTUP supply, aiming to increase scarcity and potentially impact the token’s price after the TGE.
At the time of writing, the BlastUP token (BLASTUP) is priced at $0.0215, reflecting a 13.9% decrease. The 24-hour trading volume is $165,257, and the fully diluted valuation stands at $21,497,112. The token’s total and maximum supply are both 1,000,000,000, with its circulating supply data currently unavailable. The price has fluctuated within a range of $0.02002 to $0.02499 in the last 24 hours, indicating active trading behavior.
