The Zeus Community’s ZEUS token skilled a notable value surge, rising by 37.4% in a single day to $0.9821.
The achieve displays rising investor curiosity within the token, as evidenced by a big increase in buying and selling quantity, which soared by 140% to over $97 million inside 24 hours, in keeping with CoinGecko.
Regardless of its comparatively decrease rating among the many prime 5,000 cryptocurrencies, the community’s market capitalization additionally noticed a considerable rise, reaching a top of $180 million and at present sits at over $165 million.
![ZEUS token rises by 37%, surpasses $180m market cap - 1](https://crypto.news/app/uploads/2024/04/chart-3-1024x747.png)
Like Jupiter’s JUP token, the Zeus Community makes use of ZEUS tokens for varied features inside its ecosystem. The Zeus Community additionally used Jupiter’s launchpad to launch the token. Safety is enhanced as token holders can use ZEUS to enhance protecting measures for transactions and interactions. The tokens additionally facilitate entry to companies, together with transaction price funds, sensible contract operations, and particular characteristic entry.
In governance, ZEUS token holders vote on important platform selections, reminiscent of protocol upgrades and improvement instructions, permitting the group to be concerned within the community’s administration.
The Zeus Community additionally provides ZEUS token incentives for contributions supporting community development and performance. Rewards embrace liquidity provision, token staking, and group initiative participation, aiming to encourage lively engagement throughout the ecosystem.
OKX listed the Zeus Community’s ZEUS token for spot buying and selling, enabling ZEUS/USDT transactions. The mixing goals to leverage Solana’s scalability with Bitcoin’s safety, enhancing the potential for decentralized purposes and safe monetary companies.
The Zeus Community, using the Solana (SOL) blockchain, raised $8 million in seed funding, led by Mechanism Capital, with participation from OKX Ventures, Animoca Ventures, and important buyers like Solana’s Anatoly Yakovenko.
The funding supported the event of a cross-chain infrastructure, promising to bridge Solana with Bitcoin (BTC) and Litecoin (LTC), marking a step ahead in blockchain interoperability.