Blockchain
Squeeze Token Announces Its Arrival in Style, Aims to Settle the Issues of Crypto Industry
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.
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
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
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.
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
Blockchain
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This Week in Finance News: 11 Stories You Need to See
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.
- 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. - Cardinal Health announces two strategic additions to its portfolio
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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. - 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. - 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. - 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.
- 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.
- 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. - 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. - 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. - 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.
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