In a recent announcement, Bounce Brand has unveiled the launch details for its new cryptocurrency token, SAVM. The token's debut includes a Random Selection Round, set to commence on January 18th at 00:00 UTC and conclude the following day. With a total value pegged at $20K, the round will release 714 AUCTION worth of tokens, contributing to a total supply of 420,000 SAVM. Interested participants can purchase tickets at $100 each, equivalent to 3.57 AUCTION, with a cap of 200 winning tickets and a maximum entry of 30,000 tickets per participant. Each winning ticket will secure an allocation of 2,100 SAVM tokens.
Following the initial round, Bounce Brand will conduct an ILO Round aiming to raise $250k through the sale of 8,929 AUCTION. This round offers a total of 1,000 tickets at $250 each, equating to 8.929 AUCTION per ticket. Similar to the Random Selection Round, there is a cap on entries with a maximum limit set at 20,000 tickets.
In parallel developments within the crypto market, Bybit Launchpool has introduced ONDO Finance's utility token, ONDO. The event period for this launch is scheduled from January 18, 2024, at 8:00 UTC to February 1, 2024, at the same time. Coinciding with this event is the listing of the ONDO/USDT Spot trading pair on Bybit's platform on January 18th at noon UTC. In a significant nod to ONDO's emerging presence in the crypto space, Coinbase has added Ondo Finance to its exploration roadmap.
The growing interest in these new tokens is indicative of the dynamic nature of the cryptocurrency market. Both SAVM and ONDO are gaining attention as they embark on their respective launch events and listings. Bounce Brand's structured approach with tiered ticket prices and allocations through the Random Selection and ILO Rounds offers participants different levels of engagement with the SAVM token. Meanwhile, ONDO's inclusion in Bybit Launchpool and its upcoming spot trading availability signal increased accessibility for potential investors.
As these tokens make their foray into an ever-evolving market landscape, investors and enthusiasts alike are keeping a close eye on how SAVM and ONDO will perform post-launch. The strategic partnerships and listing announcements have set the stage for what could be an interesting journey ahead for both tokens.