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HyperliquidThe flash crash that impacted the crypto market caught some traders off guard. It resulted in the liquidation of hundreds of millions of dollars in leveraged long positions. As Bitcoin crashed below $95,000, many short-term speculators were burned. However, long-term investors used it as an opportunity to build their positions.
As evident, short-term chaos and trading did considerable damage to several new and already-established projects. Still, Infinaeon continued to build on its positive momentum. This resilience highlights the project’s strong fundamentals and the appeal of its unique value proposition.
The INF presale has nearly reached 50% completion, following a major boost from the INF60 promotional code. This limited-time offer allows investors to acquire INF tokens with a substantial 60% bonus.
This article will delve into the recent crypto market pullback. It will focus on the impact of the flash crash and the contrasting performance of the Infinaeon presale. It will also examine the key features of the Infinaeon project and discuss its potential for future growth and success.
Crypto Market Suffers Tariff-Induced Flash Crash
The crypto market has shown that even the most bullish markets are not resistant to short-term volatility. As the stock markets from Tokyo to Milan crashed on news of US tariffs, the crypto market suffered a considerable hit, which saw Ethereum shed over 20% and Bitcoin crash below $94,000 for the first time in months.
Ethereum has suffered especially badly, and its market dominance has dropped below 10%, while Bitcoin is now nearing 60% dominance. That highlights the challenges faced by Ethereum, particularly its scalability issues. It can lead to higher fees and slower transaction speeds during periods of high network activity.
Unless Ethereum can find support above $2,500, more pain could be on the way. The recent price drop has raised concerns about the platform’s ability to compete with newer, more efficient blockchains, such as Solana and Avalanche. It has led some investors to question Ethereum’s long-term prospects and seek alternatives.
Infinaeon DEX Launch Adds to Long-Term Bullish Sentiment
The Infinaeon team and community have enjoyed consistent bullish sentiment, even as a flash crash has hit the crypto market. While the likes of ETH, SOL, and SUI were crashing, the INF presale added new buyers. It has also drawn considerable interest from whales, as per on-chain data.
The recent launch of the Infinaeon DEX, Infinity Swap, has added to this momentum. This decentralized exchange offers a user-friendly platform for trading crypto assets within the Infinaeon ecosystem. It comes with features such as low fees and fast transaction speeds.
The DEX went live on time and shortly followed another major milestone: the mainnet launch. This successful launch demonstrated the project’s commitment to delivering on its promises and building a robust Layer-2 scaling solution.
Users are already using the DEX to trade tokens launched on the Infinaeon mainnet. The mainnet promises better speed and lower costs than operating directly on Ethereum. It highlights the platform’s functionality and potential to attract users and developers seeking a more efficient and cost-effective blockchain experience.
Infinaeon Presale 60% Promotional Offer Attracts Whales
The INF60 promotional offer is live and attracting plenty of attention from whales looking to snap up large chunks of the token’s overall supply, which will launch at 420 million and then reduce over time.
Infinaeon will achieve this supply reduction through its unique burn mechanism. It will use a portion of the gas fees collected on the network to buy back and burn INF tokens. This deflationary model aims to create scarcity and support the token’s value proposition, especially as the network grows and activity increases.
The opening market cap of just $10.25 million is also adding to the bullish sentiment. This relatively low market cap, compared to other Layer-2 solutions with valuations in the billions, suggests significant potential for price appreciation, further fueling demand for the presale tokens.
The INF60 code can expire shortly, creating a sense of urgency for those seeking to participate in the presale. This limited-time offer allows investors to acquire a larger stake in the project at a discounted price, potentially maximizing their returns when the token is listed on exchanges.
The INF token will have its Token Generation Event (TGE) once the $2 million presale target is hit or by the end of Q1 2025, whichever comes first.
Join The Infinaeon Presale Now
Presale: https://presale.infinaeon.com/
Telegram: https://t.me/Infinaeon/
Discord: https://discord.com/invite/WSy65uAYfd
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