Pump Science: Token Economics Design Completed
Pump Science posted on the X platform that the token economics design has been completed, including: 5% of the future token supply will be distributed to previous token holders (when migrating); holding more PS tokens (RIF, URO) now, and obtaining new tokens later; this will continue as long as new products are launched (forever).
In addition, Pump Science stated that BIO Protocol will airdrop BIO to URO and RIF holders, waiting for governance approval to connect BIO to Solana, and more airdrops are under consideration.
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
US Crude Oil: Range-bound volatility, buy on dips, sell on rallies
(1) Analysis: Shipping disruptions in the Strait of Hormuz and the shutdown of approximately 1.3 million barrels per day of crude oil production in the Gulf of Mexico are supporting a supply risk premium; however, signals of dialogue between the US and Iran are limiting further upside in oil prices, which are currently still in a low-level consolidation phase, mainly awaiting a stress test. (2) Key Focus: Geopolitical situation, inventory data, US dollar index, global crude oil supply, and OPEC+ policy. (3) Resistance: 91.00, 91.50, 92.00 (4) Support: 90.00, 89.00, 88.00
Spot gold: Range-bound fluctuations, sell on rallies, buy on dips
Reason for analysis: Spot gold rebounded near a two-month low, but the Federal Reserve meeting minutes show that most officials believe it may continue to raise interest rates this year. The strengthening of the US dollar and high US Treasury yields still exert pressure. The easing of tensions between the US and Iran has reduced some safe-haven demand. After technical indicators became oversold in the short term, there was a corrective rebound, but a reversal has not yet occurred, so the range-bound strategy is maintained. Key focus: US Treasury yields, US Dollar Index, geopolitical situation Resistance: 4200, 4230, 4270 Support: 4130, 4100, 4070
Shell announces completion of evacuation from five platforms including Appomattox
Shell (SHEL.US): The evacuation of the Appomattox, Mars, Ursa, Olympus, and Vito platforms has been completed.
LME three-month copper rises 1.1% to $14,461.50 per ton
Analysts at ANZ Bank stated in a research report that rising energy prices and an overnight sell-off in the Nasdaq, which is dominated by tech stocks, have dampened investors’ risk appetite. However, copper prices remain near historic highs, supported by constrained supply. The analysts noted that workers at the Centinela copper mine in Chile are on strike, exacerbating supply limitations. They also indicated that market sentiment has turned relatively optimistic as Chinese traders return after a week-long holiday, providing some support for copper prices. According to ICE data, London Metal Exchange (LME) three-month copper futures rose by 1.1% to $14,461.50 per ton.
Crypto prices
More
