The price of ZEUS token on the Zeus Network jumped significantly, reaching $0.9821, which represents a daily growth of 37.4%.
The increase in value of the token is indicative of heightened investor enthusiasm, as demonstrated by a substantial surge in trading activity. This surge resulted in a 140% increase in trading volume, reaching over $97 million within a single day, based on CoinGecko’s data.
Although it is not one of the most valuable cryptocurrencies in the top 5,000, boasting a market cap under $170 million at its peak and now above $165 million presently.
The Zeus Network employs ZEUS tokens similarly to how Jupiter uses its JUP tokens. These tokens play crucial roles within the Zeus Network’s system. Security is bolstered as ZEUS token holders can boost security for transactions and interactions. Furthermore, these tokens provide access to various services such as transaction fees, smart contract functions, and exclusive features. The Zeus Network initiated the token launch via Jupiter’s platform.
In the context of governance, ZEUS token owners have the power to influence significant platform choices, including proposed updates to the protocol and the direction of future development projects, thereby enabling active community participation in the administration of the network.
On the Zeus Network, you can earn ZEUS tokens as a thank-you for contributing to the network’s expansion and improvement. Perks include supplying liquidity, locking up tokens, and taking part in community projects, all designed to boost user involvement within the ecosystem.
We’d like to express our gratitude to the Olympians, $JUP voters, members of the dappie gang, and everyone else who took part in the LFG launchpad. This accomplishment wouldn’t have been possible without Jupiter Exchange. Let’s reflect on this impressive achievement we’ve collectively reached as a community and ecosystem.— Zeus Network ⛈️ (@ZeusNetworkHQ) April 7, 2024
At OKX, the Zeus Network’s ZEUS token is now available for direct trading against USDT. This addition facilitates ZEUS/USDT transactions. The integration of Zeus Network on OKX intends to combine the scalability of Solana with Bitcoin‘s security, thereby increasing the possibilities for decentralized apps and secure financial services.
Using the Solana blockchain, The Zeus Network successfully secured $8 million in seed investment. This round was spearheaded by Mechanism Capital, joined by OKX Ventures and Animoca Ventures, with notable investments from Solana’s founder Anatoly Yakovenko as well.
A cross-chain infrastructure was developed with the financial backing, enabling seamless interaction between Solana, Bitcoin (BTC), and Litecoin (LTC). This development signifies progress towards greater blockchain compatibility.
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2024-04-08 19:37