Latest news with #FomoThursdays
Business Upturn
16-07-2025
- Business
- Business Upturn
Bitget Wallet Offers $6,666 Top Prize in Pump.fun Tokens in Latest Weekly Staking Event
SAN SALVADOR, El Salvador, July 16, 2025 (GLOBE NEWSWIRE) — Bitget Wallet , the leading non-custodial crypto wallet, has launched the fifth edition of its Fomo Thursdays weekly staking event, featuring PUMP, the native token of meme-token platform This week's event offers a $6,666 top prize in PUMP tokens, as interest in meme-token markets continues to grow. Fomo Thursdays is Bitget Wallet's recurring token distribution event designed to simplify access to early-stage token projects. Participants stake $10 USDT, refundable after the event, to receive randomized token rewards distributed via onchain smart contracts. By removing trading and point-based entry requirements, the program lowers barriers to participation. Bitget Wallet reported that more than 50,000 users joined the previous round within 25 minutes of opening. In response to demand, this week's event has expanded to 200,000 entry slots with a total of 10,001 winners. This edition also reflects increased market activity surrounding a Solana-based platform enabling permissionless meme-token creation. Since early 2024, the platform has facilitated over 1.2 million token launches and recently raised over $500 million through a public token sale completed in 12 minutes, according to market data. The trend underscores growing retail interest in low-cost token issuance within the Solana ecosystem. 'Fomo Thursdays offers a simple, wallet-native way for users to access new token ecosystems,' said Jamie Elkaleh, CMO of Bitget Wallet. 'By featuring PUMP this week, we're reflecting broader market interest in meme-token ecosystems as a growing segment of onchain activity.' The staking window runs from July 16 at 13:00 UTC to July 17 at 13:00 UTC, with PUMP token rewards available via Solana chain and USDT refunds available via BNB Chain from July 17 at 14:00 UTC. For more information, visit the Bitget Wallet official channels . 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 Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Associated Press
02-07-2025
- Business
- Associated Press
Bitget Wallet Expands Fomo Thursdays With 10-Fold More Winners and Doubled Win Rate
SAN SALVADOR, El Salvador, July 02, 2025 (GLOBE NEWSWIRE) -- Bitget Wallet, the leading non-custodial crypto wallet, has launched the third round of its Fomo Thursdays series, expanding the prize pool and participant slots in response to heightened demand. The previous edition saw 20,000 slots claimed in under one hour, with over 2,000 winners. This week, Bitget Wallet has increased the number of participant slots to 100,000 and winner slots to 20,000, representing a 10-fold increase in winners and a doubled win rate of 20%. The prize pool has grown accordingly, with more than 24 million AB tokens allocated. 'Fomo Thursdays continues to gain traction as a low-friction entry point for users to explore new tokens,' said Jamie Elkaleh, CMO of Bitget Wallet. 'With expanded rewards, higher odds, and growing user interest, this week's event marks another step toward making token launches more accessible.' Fomo Thursdays is a weekly token distribution program designed to simplify user participation in early-stage token launches. Each round follows a uniform format: users stake $10 USDT for a chance to receive randomized token allocations. The model removes traditional entry barriers such as trading requirements or point systems and returns all staked funds after the event, minimizing user risk. Token claims and refunds are processed via on-chain smart contracts. This week's featured project is AB Token, a blockchain infrastructure protocol focused on bringing real-world assets (RWA) on-chain. Originally launched as the Newton Project in 2018, AB has evolved into a multichain ecosystem that connects traditional financial assets with blockchain-based applications. It comprises two layers: AB IoT, designed for IoT and DePIN applications, and AB-Core, an EVM-compatible chain supporting DeFi, GameFi, and RWA protocols. The AB rewards will be distributed via BNB Chain. Top prizes include three rewards worth $888 each and twenty second-place prizes worth $188 each, both in AB token equivalent. Participants can stake from July 2 at 13:00 to July 3 at 13:00 (UTC). Token distribution and USDT refunds will begin on July 3 at 14:00 (UTC), with all rewards delivered gas-free via Bitget Wallet. For more information, visit the Bitget Wallet official channels. 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
