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GeeFi (GEE) Reveals Upcoming Decentralized Exchange Aimed at Improving User-Focused Trading
Globenewswire· 2025-12-13 16:00
KINGSTOWN, St. Vincent and Grenadines, Dec. 13, 2025 (GLOBE NEWSWIRE) -- GeeFi Tech announced the upcoming development of its proprietary Decentralized Exchange (DEX), a major expansion to its growing financial ecosystem. This strategic move aims to provide users with a secure, efficient, and direct trading environment. The announcement comes amid a period of significant growth for the company, which has successfully raised over $1.3 million in funding. This capital injection is supported by a dedicated co ...
As "Uptober" Ignites Crypto Market, Bonk, Inc. Revs Up Its Revenue-Generating Engine
Globenewswire· 2025-10-14 12:30
Core Insights - Bonk, Inc. is focusing on the BONK token, which is the most widely held token on the Solana blockchain, leveraging its strong community and integration within the ecosystem [1][5] - The company aims to create a public vehicle that captures the growth of the Solana ecosystem, emphasizing the deflationary mechanics of the BONK token as a strategic advantage [2][5] Token Characteristics - The BONK token features a deflationary economic model with a fixed supply, designed to become scarcer over time through a burn mechanism that removes tokens from circulation [2][3] - Since its launch in December 2022, approximately 12 trillion BONK tokens have been burned, equating to a market value of over $340 million, representing a supply reduction of more than 10% [3] Ecosystem Strength - The BONK token has nearly one million unique on-chain holders, making it the most widely distributed token on Solana, which enhances its community-driven strength [5] - The burn mechanism is fueled by the success of over 400 integrated products, with fees from various ecosystem activities contributing to the continuous buy-back and burn of BONK tokens [5] Market Timing - The company’s strategic update comes as the digital asset market enters its historically strongest period, with potential increases in trading volume and asset appreciation benefiting BONK [4] - A seasonal surge in market participation could lead to a significant increase in revenue for Bonk, Inc., which is directly tied to user fees from letsBONK.fun [4] Company Strategy - Bonk, Inc. is evolving to bridge traditional public markets with the digital asset ecosystem, focusing on acquiring revenue-generating assets in the DeFi space to build a robust treasury [6]