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4 Upcoming Crypto Developments You Shouldn’t Miss in November
Yahoo Finance· 2025-11-03 16:00
Group 1: EtherFi Developments - EtherFi (ETHFI) is concluding a governance vote on a proposal for a $50 million buyback of ETHFI tokens, aimed at enhancing liquidity and stabilizing token value [2][3] - The buyback will occur when the token price drops below $3, with the foundation planning to expand buyback capacity in proportion to protocol revenues [3] - Currently, ETHFI has dropped over 46% in the past month, trading at $0.93, indicating a 7.29% decline in the last 24 hours [4][5] Group 2: Folks Finance Token Launch - Folks Finance is set to launch its native FOLKS token on November 6, using the Wormhole NTT cross-chain standard [6] - At launch, 12.7 million FOLKS tokens, representing 25.4% of the total supply, will be released, with allocations for ecosystem growth and a community airdrop [7] - The airdrop will account for 3.29% of the total supply, with an estimated 0.67% designated for an unlocked community airdrop based on user participation ratios [7]