Chainge proposes approval of $13 million capital infusion that will put 50 million XCHNG tokens in circulation
Cross-chain liquidity protocol Chainge has proposed a new plan that requires approval from the DAO to inject $13 million in funding from a well-known investment group. This move will make 50 million XCHNG tokens available, equivalent to approximately 10% of the current supply. The investment aims to boost the utilization of Chainge's products and services, ensuring a minimum profit of $1 million in Q2.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
What is altcoin season and why can these 5 coins grow 5x?
Polymarket platform is now unavailable for users in France
Sui Foundation Partners with Asset Manager Franklin Templeton
Cardano Jumps 215% After Major Breakout and Sets Sights on Higher Targets