[PRESS RELEASE – Victoria, Seychelles, January 24th, 2025]
On January 23, 2025, BYDFi, a world crypto change, introduced the launch of the VINE/USDT spot buying and selling pair. Throughout the first 24 hours of buying and selling, the VINE token recorded important exercise, reaching a brief market capitalization of $400 million earlier than stabilizing. Whereas it has since skilled a slight decline, its buying and selling quantity continues to rise, presently reaching $1.37 billion, securing a spot among the many most traded property on the Solana blockchain. On-chain knowledge signifies exercise amongst new pockets addresses, with some reporting unrealized beneficial properties exceeding $1 million.
The $VINE token was launched by its founder, Rus Yusupov, marking the primary main tech firm founder to problem a cryptocurrency after the Trump Coin craze. Its core mission is to disrupt the normal centralized financial mannequin by introducing a decentralized ecosystem aimed toward remodeling content material creation and monetization. The token’s potential lies in giving creators direct possession and management over their content material, making a extra clear and truthful platform in comparison with centralized alternate options. As of this writing, the $VINE token worth is $0.25, up by 1697.34% within the final 48 hours. Eight hours in the past, a tweet from founder Rus Yusupov on X led to a 39.37% enhance in VINE’s buying and selling quantity.
Presently, BYDFi helps VINE/USDT spot buying and selling with a minimal commerce quantity of simply $10. The platform has additionally launched a number of different in style tokens, together with SONIC/USDT, AIOS/USDT, and BUZZ/USDT. Moreover, BYDFi is providing new customers a welcome bonus of as much as 8100 USDT. Customers can declare this reward by finishing easy duties. For extra particulars, customers can confer with the BYDFi web site.
About VINE
VINE, the platform that gave rise to the token, was established in 2012 and shortly gained 200 million customers with its revolutionary 10-second video format. It was later acquired by Twitter, resulting in the platform’s shutdown. For U.S. customers, Vine was not solely a brief video platform but additionally a pioneering pressure behind particular person content material creation and the fast unfold of client tradition. On January 19, 2025, Elon Musk talked about in a public reply that X (previously Twitter) was contemplating bringing Vine again, sparking renewed pleasure and anticipation for the Vine model.
About BYDFi
Based in 2020, BYDFi is a Forbes-certified prime 10 international crypto change with greater than 1,000,000 loyal customers worldwide. The platform has earned a number of MSB (Cash Providers Enterprise) licenses throughout varied nations and areas. Additional, it joined an alliance of South Korea’s CODE VASP to additional solidify its place among the many leaders the world over’s crypto panorama. To make sure safety and transparency, BYDFi follows strict asset administration protocols. All person property are saved in offline multi-signature wallets, with a minimum of a 1:1 reserve ratio. BYDFi usually publishes proof-of-reserves(POR) reviews, making certain that customers’ funds are all the time in a verifiable and safe standing.
Along with providing greater than 600 cash spot buying and selling pairs, BYDFi helps perpetual contracts with as much as 200x leverage to cater to the varied funding wants of its customers. The platform additionally permits fiat deposits from over 150 nations, supporting fee strategies like Visa, MasterCard, Google Pay, and Apple Pay to make sure seamless entry for customers around the globe. BYDFi, with its low buying and selling charge construction lowering buying and selling prices, is dedicated to making sure world-class crypto buying and selling for customers worldwide.
- Web site: https://www.bydfi.com
- Assist Electronic mail: CS@bydfi.com
- Enterprise Partnerships: BD@bydfi.com
- Media Inquiries: media@bydfi.com
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