The Business & Technology Network
Helping Business Interpret and Use Technology
«  

May

  »
S M T W T F S
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
 
 
 
 
 
 
 
 
 
 
 
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31
 
 

OKX Adds Zeus Network Token ZEUS To Its Trading Pairs

DATE POSTED:April 5, 2024

OKX, a leading centralized trading platform, has announced the listing of the Zeus Network token ZEUS, marking the inaugural project of the Jupiter LFG Launchpad.

This move opens up the ZEUS/USDT trading pair, providing traders with an opportunity to engage with this exciting new token.

The Zeus Network is a groundbreaking permissionless layer that seamlessly integrates the Solana and Bitcoin blockchains, offering users unparalleled flexibility and functionality.

Recent on-chain data from Lookonchain has revealed the remarkable success of two traders who managed to capitalize on the ZEUS token within just one hour. GJ8KyJ and 4BVu5p made substantial profits exceeding $2 million each through strategic trading of ZEUS.

GJ8KyJ invested 2.85 million USDC to acquire 7.74 million ZEUS tokens, subsequently selling them for 5.33 million USDC, resulting in a profit of 2.48 million USDC.

Similarly, 4BVu5p entered the market with 3.48 million USDC, purchasing 7.8 million ZEUS tokens and selling them for 5.58 million USDC, realizing a profit of 2.1 million USDC.

Crazy!

These 2 guys made over $2M by trading $ZEUS in just 1 hour!

GJ8KyJ spent 2.85M $USDC to buy 7.74M $ZEUS and sold 7.41M $ZEUS for 5.33M $USDC, realizing a profit of 2.48M $USDC.

4BVu5p spent 3.48M $USDC to buy 7.8M $ZEUS and sold 7.8M $ZEUS for 5.58M $USDC, realizing a… pic.twitter.com/gllgKLzpUy

— Lookonchain (@lookonchain) April 4, 2024

Slight Price Decline For ZEUS Token

Despite the success of these traders, the price of ZEUS experienced a slight decline of 6% today, according to data from OKX. 

However, this dip may present a buying opportunity for investors looking to capitalize on the potential of the Zeus Network and its innovative approach to blockchain integration.

OKX announced that it will list the Zeus Network token ZEUS and open the ZEUS/USDT trading pair. This is also the first project of the Jupiter LFG Launchpad. The Zeus Network is a permissionless layer that combines the Solana with Bitcoin blockchain. https://t.co/PJVRyKJbIA

— Wu Blockchain (@WuBlockchain) April 4, 2024

Overall, the addition of ZEUS to the OKX trading platform marks an exciting development in the cryptocurrency market, offering traders access to a promising new asset with significant growth potential.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Image Source: sodapeaw/123RF // Image Effects by Colorcinch

The post OKX Adds Zeus Network Token ZEUS To Its Trading Pairs appeared first on The Merkle News.