Singapore, Singapore, October 10th, 2024, Chainwire
In a vibrant and competitive third quarter, LBank has successfully achieved its short-term goal of dynamic growth. From a million-dollar airdrop celebration for its anniversary to the meme festival at TOKEN2049 in Singapore, LBank is evolving in many ways.
During Q3, LBank continued to expand its market share, surpassing 12 million registered users and daily trading volumes exceeding $2 billion, with a year-on-year increase of 16% in new user registrations. The platform introduced 66 new assets in the third quarter, marking a period of rapid development.
Looking ahead to Q4, LBank plans to further enhance its marketing efforts and brand expansion, seeking out new growth opportunities while continuing to increase its market share.
Anniversary Celebration Transforms Market Landscape, Driving Strong Growth Amidst Challenges
In Q3, LBank continued to roll out exclusive benefits through its Airdrop initiative, collaborating with 181 projects to distribute up to $10 million in user rewards. As of September 30, they successfully delivered airdrop benefits to 650,000 users.
In mid-August, LBank kicked off their ninth anniversary celebration, officially launching their “Asset Listing Expansion” strategy. This strategic plan operates in two-day cycles, allowing them to adjust asset allocations and optimize their portfolio effectively. During this period, LBank hosted over five major events, with rewards including $1 million in prizes and a limited-edition Porsche Macan 4 Electric. These exciting activities drew nearly a million participants, with more than 500,000 new users joining the community and over $50 million in net inflow.
As of September 30, LBank has reached a significant milestone, boasting over 12 million registered users and daily trading volumes exceeding $2 billion. The newly launched assets have delivered an average return of 130%, while their new user registrations have seen a year-on-year increase of 16%.
Focusing on Liquidity: Bridging the Value Gap Between Narrative-Driven Tokens and Memecoins
In Q3, LBank adopted a dynamic and flexible listing strategy, successfully launched 66 new assets, with 50 of them categorized as meme assets, accounting for 75.76% of the total. The newly listed tokens achieved an average peak increase of 1,135.94%, featuring high-performing meme assets like NEIRO, M
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Author: Crypto Daily™
