The post SciHub Token Liquidity Event Secured with 210% Overfunding from Community Support appeared on BitcoinEthereumNews.com.

On January 24th, the SciHub community made headlines by announcing a strategic partnership with a prominent liquidity provider, marking a significant milestone for the SciHub token. This collaboration is designed to bolster liquidity ahead of the token’s anticipated launch. Previously, the community initiated a fundraising campaign aimed at securing essential tokens for this liquidity event, which has notably garnered enthusiastic participation. With contributions from 345 independent addresses, the initiative achieved an impressive overfunding rate of 210%. The allocation details reveal that Sci-Hub’s founder, Alexandra Elbakyan, retains 10 million tokens, constituting 100% ownership, while notable supporters include Brother 7 with over 7 million tokens and Brother 8, holding 1 million tokens. Additionally, community members collectively secured 2.1 million SciHub tokens, reflecting a robust commitment to the project’s success and ongoing development in the crypto space. Source: https://en.coinotag.com/breakingnews/scihub-token-liquidity-event-secured-with-210-overfunding-from-community-support/

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Filed under: News - @ January 24, 2025 4:21 am