Bittime - News about crypto today is quite diverse, ranging from airdrops, burning tokens, the Ethereum sentiment index, to the Nocturne protocol which will soon be closed. The following are the highlights of today's crypto news, June 6, 2024.
Airdrop Program
Today, there is quite a lot of news regarding protocols that will and have launched airdrops, from Dora Factory, Ultiverse, to Layerzero.
Dora Factory
Dora Factory, a decentralized infrastructure for governance, just airdropped transaction fees to one million Dora Vota addresses. This airdrop aims to facilitate community participation in the second round of quadratic governance voting and privacy voting for AEZ crypto assets on Cosmos Hub.
Ultiverse
Ultiverse, a gaming and AI distribution platform, has announced that their ULTI airdrop claim page has officially opened. This is an opportunity for users to get ULTI tokens for free and participate in the Ultiverse ecosystem.
ULTI Airdrop is a program launched by Ultiverse to distribute ULTI tokens to early users. The ULTI token will later become a native token in the Ultiverse ecosystem and has various utilities, such as governance, staking and payments.
LayerZero
LayerZero, a cross-chain interoperability protocol, is expected to conduct an airdrop in the near future. Interestingly, WOO X Research estimates the value of the airdrop to reach a fantastic figure, namely between $600 million and $1 billion.
WOO
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INJ Token Burning
Injective, a decentralized blockchain platform, just announced the burn of 12,266 INJ tokens today. This is part of a token burning program that aims to reduce supply while increasing the value of INJ tokens.
This announcement adds to the long list of INJ token burns carried out by Injective. Previously, in May 2024, Injective burned 5 million INJ tokens. And in the near future, the next INJ token burning target is to reach 6 million tokens.
Ethereum Sentiment Index
The market sentiment index towards Ethereum has just reached its highest point in the last 14 months since March 24 2023. This index is calculated by comparing the positive sentiment of posts on X (Twitter) in the last 50 days with the sentiment in the previous 200 days.
Also Read How to Buy Crypto:
Nocturne Closed
Nocturne, a privacy protocol once backed by Vitalik Buterin, co-founder of Ethereum, is reportedly about to shut down. Through an official announcement, Nocturne Labs as the development company stated the decision to close the company in stages.
For users who have funds stored in Nocturne, there is still the opportunity to make a withdrawal. Nocturne's front-end will remain open until the end of this month to facilitate the withdrawal process.
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How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
Ultiverse Has Officially Opened ULTI Airdrop Claims!
LayerZero Airdrop Estimated to Reach $600 Million to $1 Billion!
Dora Factory Provides Airdrop for AEZ Voting Participants on Cosmos Hub
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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