Alt.town’s Town Token Makes Debut on Binance Alpha and Other Central Exchanges
The city, the local tokens by Alt.town, made its debut in Binance Alpha today, followed by the list of several other central exchanges.
According to an official X announcement, Binance Alpha, the Spotlight section within the main nation -Exchange, was the first platform at which Alt.town (city) was on August 26th at 7:00 a.m. UTC. Shortly after the listing, other stock exchanges such as Gate.io, Bitget, and Mexc added support for the token.
Tokenomics and Distribution
After its tokenomics, the event of the token generation has set its overall offer with 2 billion city tokens. Of these, 4.5% or around 90 million tokens for Community Airdrops are planned. In addition, 29.5% of the overall offer of the community, including the Airdrop assignment, was reserved for 15.5% of the offer.
- Town token was listed in Binance Alpha, Mexc, and other central stock exchanges.
- A fake token, the one imitated, was introduced in the BSC network.
Market Performance and Potential Risks
According to Coingecko, the first hours of trade with strong volatility were recorded. According to Coingecko data, Town opened $0.0192, rose briefly to $0.0197, and then fell by 16% to $0.0165 before falling $0.0180 at the time of the press time. The market capitalization was 8.2 million US dollars.
While the price of the Town Token seems to be constantly traded at the time of writing, investors should find that it could see further burglaries because the owners are trying to book profits by unloading their airdropped tokens. Such an event is widespread in the crypto room, especially when the exchange list hype fades.
Warning: Fake Token Alert
Dealers should also be aware of a fake token token, according to a warning of the Alt.town team, which was issued live just a few hours before trading with town. Remarkably, a token, which AltTown Ai designated with the Ticker Town, was founded in the BSC network, which the team warned, was not connected to the project and has the risk of a carpet.
At the time of the print, there were no reports on losses, but the project team asked the community members to only use the official token address that was announced via official channels.
Disclosure: This article does not contain investment advice. The content and materials presented on this page only serve for educational purposes.
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