BTC

$87235.814

-0.52%

ETH

$2016.53

-2.68%

XRP

$2.365

-3.74%

BNB

$621.618

-1.43%

News

Binance Wallet Hosts Particle Network TGE, Raises $1.25 Million

2 mins mins
Key Points:

  • Particle Network’s TGE on Binance Wallet raised $1.25 million in BNB.
  • Each token priced at $0.025; 5% of supply offered.
  • High market interest evident; no statements from key figures.

binance-wallet-hosts-particle-network-tge-raises-1-25-million
Binance Wallet Hosts Particle Network TGE, Raises $1.25 Million

On March 25, Binance Wallet hosted the exclusive Token Generation Event (TGE) for Particle Network, collecting $1.25 million.

This event underscored significant interest as evidenced by Binance Community Announcement about over 100,000 views on the announcement post, despite the lack of public statements from Binance executives or Particle Network team members.

Particle Network TGE Collects $1.25 Million in BNB

Binance Wallet launched the Particle Network TGE, offering 50 million PARTI tokens at a unit price of $0.025. The subscription period, capped at 3 BNB per user, lasted for one hour.

“We look forward to seeing how this TGE will change the DeFi landscape,” said Changpeng Zhao (CZ), CEO of Binance.

This event generated $1.25 million, constituting 5% of Particle Network’s total token supply. The exclusive use of BNB for subscriptions could potentially bolster BNB’s standings in the cryptocurrency market.

Community interest was overwhelmingly strong, with over 100,000 views on Binance’s announcement. Neither Changpeng Zhao, Binance’s CEO, nor the Particle Network leadership issued public comments regarding the TGE.

BNB Liquidity Boost and Event Context

Did you know? Past Binance-hosted events, like those for CreatorBID and MyShell, have significantly influenced platform user growth, indicating consistent patterns with new token listings.

Based on data from CoinMarketCap, BNB currently trades at $643.12. Its market cap stands at $91.63 billion, with a 24-hour trading volume of $1.84 billion. Price changes show a 3.05% 24-hour increase, a 1.74% rise over 7 days, and a 3.45% dip over 30 days. The circulating supply is approximately 142.47 million BNB.

Experts suggest the TGE’s positive impact on BNB’s liquidity. Binance’s strategy to host such events continuously expands its ecosystem, potentially fostering future traction for new blockchain projects.

Rate this post
Follow us on Google News

No tags available.

Avatar of Akinyemi Okedeji Amoo

Akinyemi Okedeji Amoo

25 March 2025, 06:59:03 GMT +0000

Akinyemi Okedeji Amoo, known as Tony, is a seasoned Web3 content strategist specializing in crypto journalism, PR, and SEO-driven content marketing. With six years of experience in cryptocurrency media, he has crafted high-impact presale articles and educational content that bridge the gap between blockchain innovation and mainstream adoption.

Passionate about blockchain’s role in reshaping global finance, Tony positions himself as a thought leader, delivering in-depth analyses and compelling narratives. At Coincu.com, he leverages his expertise to produce insightful, data-driven content that empowers readers with actionable knowledge on digital assets and emerging Web3 trends.

Other Posts: