Weekly Update, June 17-24

Coming towards the end of June, it’s as good a time as any to look back at the progress over the course of the last week and do a retrospective of the month that is about to pass looking at what has been achieved, what the accomplishments are, and then looking at where we are going to go from here.

Firstly, SnapEx completed its highest trading volume since the $SNAP Token Generation Event, surpassing $850 Million. What that means is that we also completed the highest ever token unlock, meaning we moved into the third highest unlock tier.

With the token unlock, also comes the token burn. Because of the higher trading volume and the unlock tier, that means a higher token burn amount, with 10,256,410 SNAP Tokens being burned, with 16,549,737 tokens being repurchased and burned by SnapEx from the beginning.

Beyond this, a lot has been happening from an AMA perspective. On Monday, June 20, we held an AMA session with Ape Dubai, where our CEO Cathal Donnellan spoke about the upcoming plans of the platform, the current conditions of the cryptocurrency industry, and what SnapEx is doing to remedy that.

Finally, two new partnerships are being announced, with Auto Sultan Capital being announced as strategic partners and the Persian Community, Hi Whale, hosting an AMA with SnapEx with $200 in prizes to be given away.

Finally, if you have not yet registered to test our copy trading functionality, feel free to do so on our website.

We will have more updates next week, so be sure to stay tuned and follow our socials.

The SnapEx Team

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