SatoshiChain Governance Token Sees a 560%+ Price Increase In First Three Days of Trading
SatoshiChain is happy to announce that the SatoshiChain Governance Token ($SC) has seen a more than 560% price increase since the initial launch. The token launched on July 10th, 2023 with an initial price of $0.10. By midday on July 13th, the $SC token was trading at $0.73 on SatoshiX.io, the official DEX of SatoshiChain.
The $SC token was initially paired with $SX, the SatoshiX DEX reward token, in order to give SatoshiChain’s initial mainnet participants the ability to purchase the SatoshiChain Governance Token with the $SX tokens they earned by participating in the SatoshiX yield farms.
Next, the $SC airdrop will begin on the week of July 17th, rewarding participants of the SatoshiChain Testnet and Sacrifice Event. As the airdrop occurs, additional $SC pairs will be added to SatoshiX, including $SC-$SATS and $SC-$XUSD.
SatoshiChain is committed to engaging with our community and rewarding users for their support. These airdrops and reward schemes are a way to thank users for their contributions and generate interest and excitement around the project. More airdrops are planned for the near future as well.
SatoshiChain is also working hard to actively recruit new and pre-existing projects and protocols to build on SatoshiChain, beginning with the recent launch of the SatoshiChain grant program. 5% of all TX fees generated on chain go to funding the grant program, which will incentivize on-chain development.
For more information on SatoshiChain, visit https://satoshichain.com
To bridge assets to SatoshiChain, visit https://satoshibridge.io
More announcements will be coming soon, so stay tuned!