Bitget Wallet Launches "Fomo Thursdays" to Democratize Early Token Access
SAN SALVADOR, El Salvador, June 18, 2025 (GLOBE NEWSWIRE) -- Bitget Wallet, the leading non-custodial crypto wallet, is rolling out a new weekly program called Fomo Thursdays, offering users recurring access to early-stage token projects through a low-cost, gamified staking mechanism. It reflects the company's broader push to simplify token participation by embedding launch activities directly within the wallet interface.
Each Thursday, users can stake $10 worth of tokens to receive a randomized allocation of project tokens. The format removes high entry thresholds, trading requirements, and point-based systems common in traditional launch models. Rewards are distributed on-chain, and users can reclaim their full stake after each round. Unlike models that rely on sustained trading or large holdings, Fomo Thursdays offers a fixed-entry experience with transparent allocation logic and no principal risk.
'Fomo Thursdays is a shift in how product launches can engage users directly,' said Jamie Elkaleh, CMO of Bitget Wallet. 'By lowering barriers and introducing a weekly rhythm, we're turning passive announcements into active, repeatable participation.'
The first event features Bombie, a LINE-based mini-game developed by the team behind Catizen. As the first LINE Mini DApp to conduct a token launch, Bombie will allocate over 40 million BOMB tokens through Bitget Wallet's exclusive TGE (token generation event) claim interface. Participants will have a chance to receive rewards, with the top prize set at $888 equivalent in BOMB tokens. With over 12 million users across LINE and Telegram, Bombie reflects a growing trend toward integrating casual messaging-based apps with tokenized infrastructure.
The first staking window opens June 18 at 8:00 UTC and closes June 19 at 8:00 UTC, with token claims available starting June 19 at 10:00 UTC. Winners will receive BOMB tokens directly in-wallet, while all users may reclaim their staked USDT.
For more information, visit the Bitget Wallet blog.
About Bitget Wallet
Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users' assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.
For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook
For media inquiries, contact [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e30eb0a0-a423-440c-a9e8-77bd0c5c99e4
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Forbes
3 hours ago
- Forbes
Crypto IPO: 3 Things You Need To Know About The IPO Season
The Wall Street sign in the Financial District of Lower Manhattan in New York City. Circle's successful IPO has sent a signal. A strong one. The crypto world is heating up again, but this time, it's happening on Wall Street. Crypto companies are making a comeback after a long period of regulatory uncertainty. Circle, the stablecoin issuer, has initiated a global sensation in capital markets. Understandably so. Circle's recent debut on the New York Stock Exchange as CRCL was impressive, to say the least. CRCL's share price skyrocketed nearly 600% from its IPO price of $31 to a high of $215 during the day. With a market cap of $45 billion, Circle has quickly become the representative of a new trend, giving rise to a crypto IPO season. Was it a flashy debut? Yes, and for all good reasons. Circle's IPO, the biggest in recent history, marks a major milestone in the industry's journey toward mainstream acceptance. USDC, Circle's flagship stablecoin, is backed by over $32 billion in reserves and is already a core component of onchain finance, serving as a payment medium that dominates the whole crypto ecosystem. But there are three key things you need to know about this year's IPO season to understand this phenomenon. 1. It's Only The Beginning Of Crypto IPOs Just days after Circle's IPO, Gemini, the crypto exchange founded by Tyler and Cameron Winklevoss, confidentially filed paperwork for its own IPO in the U.S. At the same time, all eyes moved onto Kraken, which is reportedly preparing to go public sometime in early 2026. Another company making moves is BitGo, a regulated U.S. crypto custodian. Back in February, reports suggested it was aiming for an IPO as early as 2025. A few other names also stand out as potential IPO contenders: These companies span the entire spectrum, from custody and analytics to wallets and infrastructure. What they have in common is a fresh appetite for public capital and growing investor interest, especially institutional one. As one analyst put it, 'After watching Circle's stock take off, any crypto firm with a clear business model is now looking at the IPO route seriously.' 2. The IPO Process Although the range of companies participating in the IPO summer is wide, crypto exchanges are leading the charge in pursuing US stock market listings. Think Gemini, Kraken, Bullish Global, FalconX, and Bithumb. These types of businesses are particularly well-positioned for public listing due to their strong cash flows, large customer bases, and stable business models that appeal to traditional investors. There are different ways companies can go about executing public offerings. Traditional IPOs remain the gold standard, particularly for mature companies with strong compliance records and established business operations. However, this process is very complex and time-consuming, making it most suitable for larger platforms with proven business models and solid profitability. That's why for smaller cryptocurrency companies seeking a faster path to public markets, reverse mergers have become a popular alternative. Companies, such as TRON, have successfully leveraged this approach by acquiring existing public companies to quickly gain access to the stock market, bypassing the lengthy traditional IPO process. Meanwhile, some companies are opting for direct listings. This is shown by Kraken's approach, which achieved a $16.2 billion valuation. They were able to create market liquidity for their shares without the need to raise new capital, making it ideal for firms that don't necessarily require additional funding but instead want to provide exit opportunities for existing shareholders. 3. High Crypto IPO Expectations Circle has definitely set a high bar. Its stock soared, boosting confidence across the crypto sector. But Circle isn't your typical crypto company. Their stablecoin, USDC, is a go-to onchain payment solution. In addition, its business model—earning yield on reserve assets—is easy for traditional finance folks to understand. Retail and institutional demand are growing, and with a government no longer hostile, investors see 2025 as the year when crypto companies leverage the IPO playbook. The dramatic shift in institutional adoption is particularly compelling. As of January 2025, 86% of institutional investors reported having exposure to digital assets or planned to make digital asset allocations later in the year. Additionally, recent success stories have proven that crypto companies can achieve substantial valuations in public markets. Circle's roughly $1.1 billion public listing formed the largest crypto IPO in recent history, sparking high expectations among industry experts that more digital asset companies will soon follow suit. However, only time will tell if this crypto IPO summer turns into an IPO supercycle, but Coinbase being the best performing S&P500 stock in June is definitely a promising sign.


Forbes
3 hours ago
- Forbes
‘Huge' BlackRock Crypto Bombshell Suddenly Hurtling Toward Bitcoin At Key Price ‘Turning Point'
Bitcoin has bounced back in recent weeks, surging as serious U.S. dollar collapse fears drive billionaire interest in bitcoin. Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes' CryptoAsset & Blockchain Advisor where you can "uncover blockchain blockbusters poised for 1,000% plus gains!" The bitcoin price has soared toward its all-time high of $112,000 per bitcoin, with traders betting a looming Federal Reserve flip will turbo-charge the crypto market. Now, as U.S. president Donald Trump issues a surprise crypto prediction, bitcoin and crypto are braced for a 'huge' BlackRock crypto market bombshell that has suddenly appeared on the 'horizon.' Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run BlackRock chief executive Larry Fink has become one of the most bullish bitcoin price voices on Wall ... More Street in recent years. In-kind redemptions for the bitcoin and crypto exchange-traded funds (ETFs) that have taken Wall Street by storm over the last 18 months could be coming soon, according to U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce. 'I can't prejudge, but we hear that there's a lot of interest,' Peirce, who heads up the SEC's crypto task force, said on stage at a Bitcoin Policy Institute event, adding that in kind bitcoin and crypto ETFs are now 'on the horizon.' In-kind redemptions allow investors to exchange ETF shares directly for the underlying asset rather than receiving cash, which is currently the case for the spot bitcoin and crypto ETFs approved by the SEC in early 2024—a change described as 'huge' by Bloomberg Intelligence ETF analyst Eric Balchunas. In-kind redemptions for bitcoin and crypto funds would make it cheaper and quicker for traders to buy and sell ETF shares, potentially making them more attractive to institutional investors on Wall Street. Earlier this year, BlackRock, which has dominated the spot bitcoin ETF market with its $75 billion IBIT fund, asked the SEC to permit in-kind creations and redemptions for bitcoin ETFs, instead of having to use cash, with the likes of Fidelity and other smaller bitcoin and crypto ETF providers following suit. "Those (forms) are going through the process now," Peirce said. Sign up now for CryptoCodex—A free, daily newsletter for the crypto-curious The bitcoin price has rocketed to an all-time high this year, helped by BlackRock's massive $75 ... More billion bitcoin exchange-traded fund (ETF). BlackRock, which manages after around $10 trillion worth of assets for investors, spearheaded Wall Street's campaign to bring a long-awaited spot bitcoin ETF to market in 2023, with a fleet of funds debuting in January 2024 that now hold 1.4 million bitcoin worth $152 billion. BlackRock's fund alone holds around 3% of the 21 million bitcoin that will ever exist, worth almost $75 billion at the current bitcoin price, which some have warned could be giving BlackRock outsized control over the network. Meanwhile, the combined bitcoin price and crypto market is on the verge of a 'turning point' as it hits $3.4 trillion, according to one analyst. 'The $3.4 trillion to 3.55 trillion range is a turning point, which has activated sellers and prevented the market from consolidating higher,' Alex Kuptsikevich, FxPro chief market analyst, said in emailed comments. 'Since the end of Wednesday, bitcoin has been testing the $108,000 mark, but it will sell off when it touches this level. Over the past couple of days, we have seen a smooth but steady intraday uptrend, accompanied by heavy buying from medium—and long-term investors. We see this as a sign of buying by professional market participants and link it to strengthening stocks, which increases the likelihood of reaching $110,000 or even $112,000 as early as this week.'
Yahoo
7 hours ago
- Yahoo
Jim Cramer on Visa: 'You'd Be Nuts to Be In This Frankly'
Visa Inc. (NYSE:V) is one of the 14 stocks Jim Cramer recently shared insights on. The company was mentioned during the episode when Cramer said: 'Over the past couple of weeks, Visa and MasterCard, two of my favorite companies, have pulled back sharply from their all-time highs. Wall Street's suddenly worried about the whole payments industry, might be threatened by advances in crypto, especially now that Congress looks like it'll pass its GENIUS Act, which establishes a framework for regulating Stablecoins. Visa fell over 10% from its high, set on June 11, to its low last Friday… This morning I spoke with Visa CEO, Ryan McInerney, and Ryan told me, I think, a story which made me feel like that, that you'd be nuts to be in this, frankly.' A close-up of a modern payments terminal with a pile of credit cards on the side. Visa (NYSE:V) is a payment technology company that provides transaction processing, credit, debit, and prepaid card products. The company provides offerings like cross-border payment solutions, fraud prevention tools, digital services, and payment integration for e-commerce platforms. While we acknowledge the potential of V as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤