Analog announces it will carry out a 1:100 split of the ANLOG token
The cross-chain interoperability protocol Analog announced that it will implement a token split, increasing the total supply from 90,579,710 to 9,057,971,000 $ANLOG tokens. The official statement said that this adjustment will not affect the value distribution of existing token holders and aims to support the sustainable development and expansion of the ecosystem.
It stated that by increasing the token supply, Analog can achieve low-cost cross-chain transaction fees which are more in line with user needs.
Previous news reported that the cross-chain interoperability protocol Analog completed a financing round of 16 million US dollars led by Tribe Capital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Chip shipments surge to support the foundation of foreign trade! Japan's exports achieve 12 consecutive months of steady growth
Strong demand for semiconductors drove Japan's exports to surge by 19.3% in August. However, due to high oil prices and a weaker yen, the trade deficit widened to 1.1 trillion yen.
2-Yr Benchmark Govt Yields - Germany vs Other Nations
10-Yr Benchmark Govt Yields - Germany vs Other Nations
