BlastUP Token Listed on Bitget and MEXC – Driving Innovation in DeFi
- BLASTUP tokens are listed on Bitget and MEXC, with trading starting on August 20th.
- Bitget is offering staking rewards and giving away 572,143 BLASTUP tokens.
- 30% of the BLASTUP supply was burned, exacerbating scarcity and potential price increases.
The BlastUP launchpad platform is the first launchpad on the Blast blockchain, and its native token BLASTUP is listed on two well-known centralized exchanges (CEX) Bitget and MEXC, marking an important milestone.
The listing is a major breakthrough for Launchpad, following an $8 million pre-sale and highly anticipated token generation event (TGE).
The success of the $BLASTUP pre-sale clearly demonstrates the market’s confidence in the BlastUP project. Nearly 20,000 investors participated, contributing a total of $8,095,148 in 3.5 months.
This substantial financial support is critical to fueling the platform’s growth and expansion. The TGE on August 20 marked the official launch of BLASTUP on the Blast Network, and the first 20% of pre-sale tokens have been unlocked and distributed to holders.
BLASTUP Trading on BitGet and MEXC
On August 20, 2024, the BLASTUP/USDT trading pair was opened to more than 35 million users on Bitget and MEXC, with a combined 24-hour trading volume of approximately $3 billion.
BLASTUP’s initial listing price is set at $0.07 per token, opening up new possibilities for investors and traders as both exchanges prepare to enable BLASTUP withdrawals starting August 21st.
Bitget’s Incentives for BLASTUP Token
Bitget has launched community incentives to attract and reward users, including staking rewards and a special giveaway event for BLASTUP trading participants.
One key promotion allows users to stake BTC or USDT on the PoolX platform to share 2,285,000 BLASTUP tokens, enhancing their holdings and engagement with the platform.
BLASTUP Staking and Future Developments
Holders of BLASTUP tokens can benefit from staking opportunities within the BlastUP ecosystem, unlocking access to IDO launchpad and earning interest.
Looking ahead, BlastUP plans to launch features like MemePad, BlastUP Shield, and AI IDO filters, enhancing the platform’s offerings.
The recent burn of 30% of the BLASTUP supply aims to increase scarcity and potential token value in the post-TGE market.
With these strategic moves, BlastUP is poised to lead innovation in DeFi, providing opportunities for its community and setting new standards in the space.