BlockBeats News, June 9th, according to GMGN market data, the first virtual proof-of-work protocol integrated with USD1 on the BNB Chain, Bitequal, has a total trading volume of $6 million. The token BTE is currently priced at $11.2, with a 6-hour increase of 26.29%. Over 18,000 users have joined the mining, deploying a total of over 20,000 rigs and drills.
According to the introduction, Bitequal is the first USD1-type depin project, with a fair launch without pre-mining. It has a total supply of 21 million tokens and innovatively combines the halving mechanism with a deflationary mechanism. Within 40 hours of launch, 370,000 BTE tokens have been burned.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.