Thursday, December 26, 2024

Bitfinex to record Coq Inu, Meme Token on Avalanche

Bitfinex to record Coq Inu, Meme Token on Avalanche

ROAD TOWN, British Virgin Islands – March 26, 2024 – Bitfinex (https://www.bitfinex.com/), a premier digital asset buying and selling platform, introduced in the present day that it’s going to record Coq Inu (COQ), a meme token on the Avalanche community’s contract chain (c-chain). 

Launched by members of Avalanche’s group late final 12 months, Coq Inu is a chicken-themed meme token that has a complete provide of 69.42 trillion. Much like different standard meme tokens, Coq Inu doesn’t have a particular goal or utility for the community it’s primarily based on, however as an alternative is “for leisure functions solely”. COQ made headlines in December 2023 when it surged to a $230 million market capitalisation  – 12 days after its December 8 launch. It at the moment has a $325.15 million market capitalization.

“Meme tokens have shortly risen in reputation, exhibiting that the chances of DeFi are solely restricted by the creativeness of innovators within the Web3 house. We’re happy so as to add Coq Inu to our numerous array of token choices,” stated Henry Youngster, Head of Tokens at Bitfinex.

Deposits of COQ open at roughly 1:00 PM UTC on March 26, 2024, topic to community circumstances. Buying and selling is deliberate to start at roughly 1:00 PM on March 28, 2024, contingent upon liquidity necessities being met. COQ will likely be tradable towards US {Dollars} (COQ/USD) and Tether tokens (COQ/USDt). 

To acquire entry to COQ on Bitfinex, clients can go to https://www.bitfinex.com/.

*All customers of www.bitfinex.com are topic to Bitfinex’s phrases of service (“TOS”). Please be aware that U.S. individuals (as outlined within the TOS), amongst different prohibited individuals (as outlined within the TOS), are strictly prohibited from immediately or not directly holding, proudly owning or working an Account (as outlined within the TOS) on www.bitfinex.com. 

About Bitfinex

Based in 2012, Bitfinex is a digital token buying and selling platform providing state-of-the-art providers for merchants and international liquidity suppliers. Along with a set of superior buying and selling options and charting instruments, Bitfinex offers entry to peer-to-peer financing, an OTC market and margin buying and selling for a big selection of digital tokens. Bitfinex’s technique focuses on offering unparalleled assist, instruments, and innovation for knowledgeable merchants and liquidity suppliers world wide. Go to www.bitfinex.com to be taught extra.

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