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Today’s Cryptocurrency Headline
On the 24th of December, OpenDao, the NFT community, initiated an SOS token airdrop event for people who have spent money on OpenSea transactions. The amount of airdrop for the user is related to the number of transactions, as well as the amount of ETH, DAI, USDC spent. The system will calculate the weight based on the above indicators. Users need to claim their SOS token before June 30, 2022, after which the unclaimed tokens will be sent back to the DAO vault. OpenDAO’s site claims that there will be 100 trillion total $SOS tokens. Half were designated toward the airdrop. 20% will be issued as staking incentives, and another 10% will incentivize liquidity providers. The final 20% will go to the OpenDAO protocol. The OpenDAO protocol will use those tokens to compensate victims of OpenSea scams, support NFT communities and artists, and provide developer grants for participating in the SOS ecosystem.
BingX’s Bitcoin Chart
According to data from The Block Research, the trading volume of CEX and DEX in 2021 will exceed $14 trillion and $1 trillion respectively. BTC has been trading in the $50,000 to $51,000 range over the weekend. Clearly, $51,000 is a strong resistance level for Bitcoin. If the buyer can push the price above this level, there are high chances to see BTC near the $53,000 price level until the end of the year.
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