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Blockchain

Squeeze Token Announces Its Arrival in Style, Aims to Settle the Issues of Crypto Industry

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New York, New York–(Newsfile Corp. – October 27, 2021) – Squeeze Token, a decentralized community working to stop rug pulls with utility within a deflationary project, is pleased to announce its arrival in the Cryptocurrency trading industry.

According to the team, it identified the major problems that most cryptocurrency investors have to deal with when investing in small-cap cryptocurrency projects and created a platform to solve that problem and make investing a lot easier for them, regardless of the crypto’s market size.

Figure 1: Squeeze Token announces its arrival in style, aims to settle the issues of Crypto industry

Problems identified

One of the problems it identified is the issue of imitating projects created by developers who copy and paste contracts, leading to more rug pulls.

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These rug pulls drive genuine investors away from the industry. Squeeze Token is designed to address that issue and make investing in digital currencies, not a burden, but an interesting endeavor.

The solution introduced

Squeeze token is created to “fix these problems by providing a DAPP that will scan contracts for common code used in unsafe small cap crypto investments.” With the aim to create a DAPP that will alert investors of speculative wallet activity and help investors and new projects with all the tools they need to help their project succeed.

To ensure credibility and make the best projects available for listing on their exchange, the team insists that the project must pass their audit conducted by its team. Only projects that meet their requirements are issued the Squeeze Seal of Approval and listed for prospective investors.

Squeeze Tokenomics

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The Squeeze Token team has reportedly burnt 75% of their total supply of 100,000,000,000,000 tokens and the token keeps growing transaction per transaction.

Each transaction conducted with the token attracts an 11% fee. 8% of the fee is earmarked for distribution while the remaining 3% goes back into liquidity/buyback, which will be used to increase the squeeze token floor. It can also be used for paying maintenance and development fees for the project.

On sales at HotBit and other Exchanges

The Squeeze token is available for sale on major cryptocurrency exchanges such as Hotbit, FEGex, and iNDOEX.

Helping hand in betterment of the world

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Besides offering cryptocurrency investors a platform where they can invest in only credible digital assets, the team is heavily involved in philanthropy as well.

While stating its philanthropic gesture, the team quoted: “Our mission with philanthropy began with donations for rice to a community in the Philippines. Donations are secured through The Squeeze Token’s site.”

“Our first one was 50 bags of rice and we were able to provide it a day early. The second donation, also in the Philippines, was food bags and Personal hygiene items. Next donations will be going to Somalia and Nigeria.”

Vision ahead for Squeeze

There is also on-going process of a partnership program to deliver basketball camps for youth programs globally. The team promised to continue donating a portion of their marketing funds to charity in line with the project’s growth.

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Social Media:

Twitter: https://twitter.com/SqueezeToken
Telegram: https://t.me/squeezetoken
LinkedIn: https://linkedin.com/in/squeeze-token

Media Details

Company Name: SqueezeToken
Email: [email protected]
Website: https://squeezetoken.finance/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101036

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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Blockchain

This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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