[PRESS RELEASE – USA, USA, November 1st, 2024]
LUCE has just lately emerged as a notable participant within the cryptocurrency market. It has an attention-grabbing background because it pertains to the Vatican’s announcement of an official mascot for the Holy 12 months of 2025. Because the Vatican is on the coronary heart of Catholicism, the mascot launched by the Vatican has a particular cultural and spiritual significance. Positioned as one of many first religious-themed tokens, LUCE has captured curiosity from the broader cryptocurrency neighborhood.
Throughout the first 12 hours of its launch, LUCE reached a peak market capitalization of practically $53 million. As an illustration, an early investor’s handle on the Solana chain invested $3,300 within the early phases of the token’s issuance and obtained 16.3 million LUCE tokens. By October twenty ninth, this funding confirmed a floating revenue exceeding 192 instances its preliminary quantity. This instance illustrates the volatility and fluctuating return potential of LUCE, highlighting each the potential positive factors and the dangers typical of rising tokens within the cryptocurrency market.
Right this moment, BYDFi, a worldwide cryptocurrency alternate, introduced that it has listed the LUCE token, providing its customers entry to this new asset. The itemizing shall be accompanied by promotional actions, together with a 30,000 LUCE airdrop to new customers. Particulars of the occasion might be present in BYDFi’s official announcement.
Michael, founding father of BYDFi, stated, “BYDFi is dedicated to offering a various vary of buying and selling choices. Nevertheless, it’s necessary to notice that Meme tokens like LUCE might be extremely unstable and dangerous. BYDFi encourages customers to commerce cautiously and make knowledgeable selections, whereas we proceed to supply a safe and environment friendly buying and selling setting.”
About BYDFI
BYDFi, considered one of Forbes’ high 10 Crypto Exchanges serving thousands and thousands of customers throughout greater than 150 nations and esteemed by authorities like CoinMarketCap and CoinGecko. The alternate affords buying and selling in over 600 tokens and helps as much as 200x leverage for perpetual contracts. It additionally focuses on consumer safety, providing 0% buying and selling charges and partnering with Banxa, Transak, and Mercuryo to simplify cryptocurrency purchases. Moreover, BYDFi has developed quite a few buying and selling instruments, akin to Grid Buying and selling and Auto-Make investments methods, which intention customers to seize market alternatives whereas lowering market dangers.
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