Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Mar / 29
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- What Will Happen to FTX’s $7.5 Billion Solana (SOL) Token? Will It Be Sold? Here’s What’s Known
- Mar 29, 2024 at 03:59 am Bitcoin Sistemi EN
- The sale of 41 million locked Solana tokens worth $7.5 billion by the bankrupt FTX company caused a stir. FTX chose Galaxy Asset Management to handle the token sales, expecting cost-effective and confidential service. Neptune Digital made headlines by publicly announcing its acquisition of 26,964 SOL tokens from FTX at $64 each. 20% of these tokens will be unlocked in March 2025, with the remainder gradually unlocking until 2028. This significant transaction is set to happen in the cryptocurrency world, marking a pivotal moment for Solana and token trading.
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