Major Crypto Gaming Token Unlocks in July

These token unlocks could impact the value and trading volumes of the involved cryptocurrencies, affecting investors and the broader crypto market.

Good morning. Here are the latest crypto news stories in the last 24 hours.

Our feature article today highlights the gaming tokens (valued at over ₱8.6 billion) scheduled to be unlocked this month. Keep reading to stay informed.

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Feature News: Major Crypto Gaming Token Unlocks in July

These token unlocks could have an impact on the value and trading volumes of the involved cryptocurrencies, affecting investors and the broader crypto market.

Decrypt is highlighting the following token unlocks. Also check the BitPinas monthly token unlock article here.

How it works: Tokens are often locked post-launch and gradually released. A cliff unlock releases a bulk of tokens at once, while a linear unlock distributes them gradually.

What’s next: The market’s response to these unlocks and the subsequent trading activity might have a short-term impact on the crypto gaming sector.

Feature News: Coins.ph Lists PHPC on Ronin Blockchain

A full version of this section can be read here.

Coins.ph has introduced its Philippine Peso (₱) stablecoin PHPC on the Ronin blockchain. PHPC is pegged 1:1 to the Philippine Peso and backed by cash equivalents in local bank accounts, ensuring stable value for users.

What’s the significance: The listing confirms CEO Wei Zhou’s announcement on a previous BitPinas webcast that the company is intending to list PHPC in international platforms.

Applications:

What’s next: Coins.ph said it looks forward to seeing a PHPC and RON trading pair on Katana, a decentralized exchange on the Ronin blockchain.

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This article is published on BitPinas: Coins.ph Lists Peso Stablecoin in an International Crypto Platform | Key Points | July 9, 2024