As Q4 2024 progresses, the DeFi community eagerly awaits the listing of PocketFi's governance token, $Switch. PocketFi, a Mini-App designed for seamless cross-chain token transfers, snipes, copytrading, and more, is set to revolutionize decentralized finance (DeFi) within Telegram. The highly anticipated Token Generation Event (TGE) and subsequent exchange listing of $Switch are pivotal moments for the project and its growing user base.
PocketFi has recently released the tokenomics of its $Switch token, providing a clear structure for its distribution. The total supply of $Switch is meticulously allocated to ensure balanced rewards and sustained project growth. Here’s a breakdown of the $Switch tokenomics:
Mining: 51% of the total supply, prioritizing rewards for network participants.
Team: 20%, to incentivize developers and key personnel.
Treasury: 13%, supporting future development and ecosystem expansion.
Launchpool: 9%, aimed at early participants and liquidity providers.
Liquidity: 7%, ensuring sufficient tokens for trading and market stability.
This strategic distribution underscores PocketFi’s commitment to rewarding contributions while securing its long-term objectives.
The PocketFi listing date is set for the end of Q4 2024, with the governance token, $Switch, expected to be available for trading on leading exchanges before December 30, 2024. This aligns with PocketFi’s roadmap and its mission to disrupt the DeFi space. Alongside the listing, PocketFi has planned an airdrop to further engage its community.
Industry analysts predict that $Switch will debut at a price between $0.0034 and $0.0056. This price range reflects PocketFi’s robust tokenomics and the platform’s growing popularity. The $Switch coin’s price prediction considers the extensive allocation for mining and team incentives, suggesting long-term sustainability and appeal to early investors.
The approaching PocketFi listing date, combined with detailed $Switch tokenomics, marks an exciting chapter for the DeFi landscape. The expected price range and structured distribution highlight the potential for $Switch to become a significant player in the market.
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