Introducing EchoLink: A Game-Changing Project in the Crypto Market
Today, LBank’s highly anticipated Launchpad project, EchoLink, made its trading debut. Within just 30 minutes, the price of EchoLink skyrocketed from its initial price of $0.01 to an astonishing $0.0763 – a remarkable 763% increase.
Remarkable Success of the EchoLink Launchpad
The EchoLink Launchpad attracted a whopping 74,164 participants who collectively invested over $130 million. This tremendous success underscores the significance of understanding the Launchpad event and the EchoLink project itself.
Revolutionizing the Web3 Sphere with IoT
EchoLink’s innovation represents a significant advancement in the Web3 sphere, particularly in the DePIN IoT device sector. As an IoT oracle for DePIN IoT devices deployed on the Solana network, EchoLink has become the talk of the crypto community.
Key Details about the Launchpad
The Launchpad, which had a subscription quota to ensure fairness, boasted a hard cap. Participants who reached the maximum allowed subscription invested 50,000 EchoLink tokens.
Tokenomics and Use Cases
With a total initial supply of 1 billion tokens, EchoLink tokens are allocated for IEO, marketing, the team, ecosystem operation, and more. These tokens serve various purposes, including governance, staking, and accessing advanced features within the EchoLink ecosystem.
The Mechanics of the EchoLink Launchpad
The EchoLink Launchpad on LBank had well-designed participation rules to ensure fair access. LBank closely monitored user balances over a 7-day period and established investment quotas based on averages. Users had to engage in at least one trade on LBank during this period to be eligible.
About EchoLink
Deployed on Solana, EchoLink is an innovative DePIN-oriented IoT oracle that provides infrastructure for DePIN projects. It offers a comprehensive toolkit that merges software SDK and hardware design to meet the needs of the growing world of DePIN IoT devices.
About LBank
LBank is a leading cryptocurrency exchange known for its reliability, innovation, and user-centric features. With a commitment to excellence and transparency, LBank serves as a trusted gateway to the dynamic world of cryptocurrencies, offering unparalleled opportunities and a secure trading environment.
Contact: PR Manager, Eddy Wang, LBank – [email protected]
Hot Take: EchoLink Soars High in Impressive Launchpad Debut
EchoLink’s debut on LBank’s Launchpad has undoubtedly made waves in the crypto market. With an awe-inspiring 763% price increase within just 30 minutes of trading, EchoLink has proven itself to be a game-changing project. Its success in attracting a massive number of participants and raising over $130 million reflects the tremendous potential of this innovative DePIN-oriented IoT oracle. As EchoLink continues to shape the Web3 sphere, it offers unparalleled opportunities for investors and enthusiasts alike. Keep a close eye on this rising star in the crypto community.
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