Coins.ph dey boost im offerings wit COREUM integration and $2,000 airdrop fiesta
Coins.ph, weté na cryptocurrency exchange wey dey lead for di Philippines, don expand im token offerings to include Coreum (COREUM), wey na Layer-1 blockchain wey dem design for enterprise-grade use, wey dem don integrate wit di CosmosSDK and dey offer fast transaction speed and programmable Smart Tokens. Di latest initiative na Airdrop Fiesta promotion wey dey reward 500 traders wit one share of $2,000 prize pool for di trading of Coreum. To qualify, participants suppose trade Coreum from January 25 to January 31, 2024, get Level 2 Verified Account wit no minimum trade volume, and rank among di top 500 traders by volume. Dem go announce di winners by February 14, 2024, with rewards wey go deposit directly into Coins.ph wallets. Di integration initially allow deposits of Coreum tokens through di Ripple network but no support withdrawals. Furthermore, Coins.ph don plan future airdrops for various tokens and NFTs wey dey associate wit projects like fanC, Mirai Labs, Splinterlands, TownStory, and Genopets.
Bullish
Di introduction of new token offerings and incentive programs like Airdrop Fiesta wey Coins.ph dey do usually dey show bullish signals for crypto community. Dem initiatives sabi fit stimulate trading activity by attracting new users and dey push higher volumes, wetin go increase liquidity. Di integration of Coreum wey wan get high transaction throughput and follow ISO 20022 standards mean say dem get commitment to quality and performance wey go give positive outlook for dis exchange. Even though airdrops na promotional events wey fit no get long-lasting impact on market fundamentals, dem dey often lead to short-term increases for trading volume and fit bring more users to an exchange, expanding di user base and possible increasing demand for di related cryptocurrency.