Today news
About the same in other media
10.01 - 18:57
OpenDAO's SOS Token Falls Over 20% After Its Initial Near-500% Leap
Reading now: 569
Decentralized autonomous organization (DAO) OpenDAO launched on Christmas Eve with an airdrop targeting users of the major non-fungible token (NFT) marketplace OpenSea - and a massive rise of the DAO's token was followed by a correction.
The project distributed free SOS tokens for anyone who had ever spent money on OpenSea based on their investment volume. Neither the OpenDAO project nor the SOS token are officially bound to OpenSea. Still, the coin skyrocketed within the first day of its debut, gaining 489%, according to data by CoinGecko.
However, the coin has since corrected sharply. At 8:33 UTC on Monday morning, SOS is down by 23.7% over the last 24 hours.
Additionally, at its peak, SOS reached a market capitalization of over USD
Read more on cryptonews.comAbout this in other media
Shiba Inu Coin and HUH Token – Million Dollar Moonshot Makers, 5000% and Beyond cryptonews.com /2 years ago
Cryptocurrency Prices Today on January 3: Bitcoin falls, Ethereum and Cardano rise marginally moneycontrol.com /2 years ago
Cardano Based Cross-Chain NFT Marketplace, Verlux Fills Over 35% of its Pre-Sale Allocation Rapidly cryptonews.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
