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Ecoroots Utilizes Mycelium to Replace Plastics for Sustainable Packaging

Prodigy Press Wire

Many topics of discussion and research have been studied about the conventional ways of recycling plastic materials to eradicate pollution. People in different parts of the world have been taught the phrase ‘reduce, reuse, recycle’ in schools, workplaces, and public spaces, but, to this day, only 15% of plastic waste is recycled. With a mission to help reduce the use of plastics and polystyrene, Lavanya Bhandari founded Ecoroots. A pioneering company dedicated to creating sustainable materials to replace traditional polystyrene, packaging, and insulation using mycelium. Their Biofoam is a biodegradable, non-toxic, and renewable alternative to traditional packaging material. Mycelium is often referred to as the “root” of the fungus, the vegetative part of a fungus consisting of a network of fine white filaments known as hyphae. Combining fungal strains and agricultural substrates requires a rigorous process to create a strong and versatile material moldable into any shape for packaging. The main goal of Ecoroots is repurposing waste materials and giving them a second life, and its unconventional way of recycling raises a lot of possibilities of eradicating polystyrene in the environment. “It is not your typical way of recycling, it’s using materials from the earth, giving it life, repurposing and restoring it, and then releasing it back to the earth and letting nature do its thing,” Lavanya says. Lavanya’s journey in building Ecoroots started in university when she studied food science, specializing in food chemistry, which got her to focus on research and development projects. After obtaining her bachelor’s degree, Lavanya worked within FMCG companies in the food industry. She moved from the corporate world to a small, early-stage venture, focusing on extracting sodium alginate from brown seaweed to be used as a food ingredient. This work was related to a university R&D project she did years ago, where she won an award for most innovative product having developed a high-protein snack food, reigniting her passion for food chemistry. One day, Lavanya encountered an article that said the industry would not be able to sustain farming practices to meet the demand for mushrooms by 2026. After reading the article, she was inspired to study the different ways in which mushrooms can be grown, and instead stumbled across the potential of mycelium (the root structure). After extensive research and testing in her apartment, Lavanya left her corporate job and pursued her passion. She allotted all her time and effort to researching and developing mycelium materials and built the Ecoroots company from scratch. “Spending a lot of time in research and cruelty-free test runs was not easy but because of Ecoroots’ vision for sustainability, we as a company will do as much as we can to produce high-quality products,” she states. Ecoroots’ variety of products and services is a unique approach in the market, as it customizes each shape and size of the biofoam based on the client’s needs. The lightweight and strong properties of their materials are perfect for protecting any fragile products for transportation, it also has thermal properties that can maintain the product’s temperature with additional water and fire resistance. Staying on top of research, Lavanya’s goal for Ecoroots is to find new ways of creating products that cater to the needs and demands of its clients while fostering sustainable waste management. The need for agricultural substrates in growing mycelium-based materials for the biofoam enabled Ecoroots to collaborate with local farmers, promoting sustainable farming and creating a valuable resource. “The idea is utilizing waste materials and agriculture crop residue so that we can create materials that would otherwise be disposed of, releasing carbon emissions into the world,” Lavanya states. The expansion plans are in place for Ecoroots, as Lavanya has established research partners to publish patents around the Ecoroots IP. The extensive research being conducted allows Ecoroots materials to have advanced technical properties, in comparison to traditional materials such as polystyrene and plastics. Ecoroots materials are purely organic and are made of mycelium-based materials, obtained from agricultural crop residues. This enables Ecoroots to create cultures of different strains and produce the requisite products tailored to the clients’ needs. Since the start of its operation, Ecoroots has catered its products to different industries in the market. Whilst their focus is on packaging materials for high-value fragile goods, Ecoroots is also able to explore other products that this innovative material can be used for. Some of the newest products in the pipeline are eco-friendly coffins and nursery plant pots. They are also working with exhibitions to create pieces of furniture and artistic acoustic boards. Ecoroots celebrates being at the forefront of technology by incorporating microbiology, bioengineering, and biotechnology in creating biodegradable products. “We make a difference wherever we can for the environment, taking inspiration from mushrooms' natural circular economy – this is what Ecoroots is all about,” Lavanya says. Media Contact Name: Lavanya Bhandari Email: lavanya@ecoroot.co Release ID: 1019936

May 10, 2024 05:30 PM Eastern Daylight Time

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Copper Property CTL Pass Through Trust Files Quarterly Report for the Period Ended March 31, 2024

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”) has filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024. As previously announced, the Trust will host a live conference call to discuss its recently filed financial and operating results. Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net. Conference Call Details: DATE: Tuesday, May 14, 2024 TIME: 11:00 am CDT | 12:00 pm EDT DIAL-IN: U.S. & Canada Toll Free: (877) 841-2983 or International (215) 268-9893 WEBCAST: www.ctltrust.net via the Investor Relations Section or click here to access REPLAY (Available for 30 days): U.S. & Canada Toll Free: (877) 660-6853 / International: (201) 612-7415 Conference ID#: 13746668 Telephone Replays will be made available approximately 3 hours after the conference end time. Participants will be required to state their name and company upon accessing the replay. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Jessica Cummins - Investor Relations +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

May 10, 2024 04:16 PM Eastern Daylight Time

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USITC Issues Affirmative Preliminary Determination in Trade Case Against Imports of Ferrosilicon from Brazil, Kazakhstan, Malaysia and Russia

U.S. Ferrosilicon Producers

The U.S. International Trade Commission (USITC) preliminarily determined today that ferrosilicon imports from Brazil, Kazakhstan, Malaysia and Russia are causing material injury to the U.S. industry. All four Commissioners voted in the affirmative. The Commission’s unanimous vote comes in response to petitions filed on March 28 by CC Metals and Alloys, LLC (“CC Metals”) and Ferroglobe USA, Inc. (“Ferroglobe”), who together account for all American ferrosilicon production. The petitions allege that unfairly priced and subsidized ferrosilicon imports are injuring the U.S. industry and its workers. Ferrosilicon is a critical input used to produce steel and foundry products, making preservation of the American industry a matter closely related to significant national security priorities. “Producers in Russia, Kazakhstan, Malaysia, and Brazil are using predatory pricing practices to take market share from American producers. This distorts the market and puts American workers out of jobs,” said Marco Levi, Chief Executive Officer of Ferroglobe PLC. “Today’s vote is encouraging. It brings us one step closer to ensuring a level playing field.” On April 17, the U.S. Department of Commerce (Commerce) initiated eight antidumping (AD) and countervailing duty (CVD) investigations into imports of ferrosilicon from Russia, Kazakhstan, Malaysia, and Brazil. "Today's vote validates the data in our petitions and questionnaires showing the serious harm inflicted by unfair imports," said Chris Cobb, Plant Manager of CC Metals and Alloys, Inc. " We applaud the USITC for taking this step toward restoring fair competition to the U.S. market and confidence to U.S. workers and consumers. We look forward to seeing our trade laws enforced.” Commerce is continuing its investigations and will make preliminary CVD determinations as early as June 2024 and AD determinations as early as September 2024. If the determinations are affirmative, provisional AD and CVD duties will be collected based on the preliminary margins calculated by Commerce and potentially applied retroactively. About the CC Metals and Ferroglobe CC Metals traces its roots back to 1949, when it was founded as a producer of large-volume commodity ferroalloys for the steel industry in Calvert City, Kentucky. Today CC Metals is an ISO 9001 certified leading manufacturer of more than 40 different products including 18 different ferrosilicons and more than 20 different magnesium ferrosilicon inoculants, high purity, 3%-9% magnesium and proprietary alloys. CC Metals ships over 100,000 metric tons of finished product annually from its manufacturing facility in Calvert City, KY via barge, rail and truck. Ferroglobe USA, Inc. is a wholly-owned U.S. subsidiary of Ferroglobe PLC, a world leading producer of silicon metal and ferroalloys, serving a customer base across the globe in dynamic and fast-growing end markets, such as solar, automotive, consumer products, construction and energy. Through its subsidiaries, Ferroglobe operates metallurgical manufacturing facilities and mining sites in Alabama, Indiana, Kentucky, Ohio, South Carolina, and West Virginia. For more information, visit https://www.ccmetals.com/ and https://www.ferroglobe.com/ Contact Details Elizabeth Heaton +1 202-445-9858 elizabeth@eahstrategiesllc.com

May 10, 2024 04:10 PM Eastern Daylight Time

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Celsius Resources galvanises board to accelerate MCB project development

CELSIUS RESOURCES LIMITED

Celsius Resources Ltd (ASX:CLA) non-executive director Peter Hume joins Proactive’s Elisha Newell to discuss a recent board restructure and an investor relations-focused appointment.Earlier this week, Celsius announced that Mark van Kerkwijk would join the board as executive director, lending investment, marketing and public relations expertise to the board at a pivotal time in the company’s development.The move comes soon after the company secured a 25-year mining permit for its cornerstone MCB copper-gold project in the Philippines, marking the first steps in its transition from exploration to mineral resource development.With Mark’s appointment as executive director, Peter Hume is free to focus on the company’s Philippine subsidiaries, ensuring they comply with the terms and conditions of the MCB project’s newly-issued mining permit.To this end, Peter has decided to step down as Celsius' managing director in order to better devote his time and energy in bringing the MCB project to full development.In his new role as non-executive director, Hume will continue to lend the board his mining expertise, which spans more than 40 years' involvement in the global mining industry, the last 15 of which concentrated on the Philippines.Commenting on the transition, Celsius chair Julito R. Sarmiento said: “Rest assured that the CLA board remains steadfast in its commitment to shareholders and stakeholders and in upholding the company’s vision, mission, values and sustainability principles.“Mark’s [appointment], as a shareholder significantly invested in CLA, strongly demonstrates such commitment of the company and we thank Mark for accepting and rising up to the challenge. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

May 10, 2024 02:50 PM Eastern Daylight Time

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Injex Finance Sets New Standard for DeFi Aggregation in Injective Ecosystem

Injex Finance

Injective, a decentralized finance (DeFi) space platform, has introduced Injex Finance, a pioneering solution addressing a critical need in the DeFi landscape. Injex Finance serves as a comprehensive aggregator, seamlessly integrating various decentralized exchanges (DEXes) and optimizing trading strategies for users. By seamlessly integrating offerings from various protocols within the Injective ecosystem, Injex Finance empowers users with access to liquidity and enables them to optimize their trading strategies with confidence. This innovative approach sets a new standard for DeFi aggregation, marking an advancement in the evolution of decentralized finance. With an increasing number of protocols burgeoning within the Injective ecosystem, the need for a comprehensive aggregator has never been more important. Injex Finance tackles the challenge of inefficiently aggregating liquidity across various DEXes for traders in the DeFi space, thereby revolutionizing accessibility and efficiency. Injective Blockchain is witnessing growth as its native token, INJ, skyrockets by an impressive 30x. This achievement underscores Injective's role in driving innovation and reshaping the future of decentralized finance. In conjunction with the launch of Injex Finance, a private sale is now open to retail investors. This allows investors to participate in the early stages of the project poised for success in the rapidly evolving DeFi ecosystem. For more details and to register for the private sale, please visit their official website. About Injex Finance: Injex Finance is a comprehensive aggregator that seamlessly integrates various decentralized exchanges (DEXes) within the Injective Network, optimizing trading strategies and providing users with access to liquidity. Powered by Injex Protocol, Injex Finance revolutionizes DeFi accessibility and efficiency, setting a new standard for decentralized finance aggregation. Contact Details Injex Finance Mr Wentong Wu Contact@injex.fi Company Website https://injex.fi

May 10, 2024 02:41 PM Eastern Daylight Time

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Benchmark International Has Successfully Facilitated the Transaction Between L&D Mail Masters, Inc. And Ironmark

Benchmark International

The seller, L & D Mail Masters, Inc., is a full-service direct marketing firm incorporated in 1986. They enable their clients to create campaigns that Relate, Captivate, Cultivate, and Resonate with their target audience. L & D Mail Masters, Inc. offers a wide range of solutions for direct marketing needs, from campaign design to implementation and all the services in between. Their facility enables their clients to design, print, and mail all in one location. They provide direct marketing at its best by bringing expertise, experience, passion, and professionalism to their clients. The Buyer, Ironmark, helps businesses grow by removing complexity across the marketing supply chain and bridging the digital and physical worlds for marketers. With their unique ability to strategize, execute, and measure across channels, they offer a unified solution that aligns with today’s consumer behavior. They excel in both realms, creating value for marketers whose efforts would otherwise be fragmented, disjointed, and costly. “This strategic acquisition will hone Ironmark’s strategy of providing a complete package to their respective customers. Congratulations to all that worked tirelessly to accomplish this transaction” – Matthew Kekelis, Senior Director, Benchmark ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

May 10, 2024 01:25 PM Eastern Daylight Time

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Bitget Prepares for IO Net (IO) Pre-Market Listing, Opening New Avenues for Crypto Enthusiasts

Bitget

Bitget, the leading cryptocurrency exchange and web3 company, is gearing up for the pre-market listing of IO Net (IO), the native coin of the IOG Network. IO Coins serve as the backbone of the IOG Network, facilitating economic incentives among GPU Renters, GPU Owners, and IO Coin Holders within the ecosystem. IO Net is a decentralized network that harnesses GPU computing power from various sources, including data centers, crypto miners, and decentralized storage providers. It aggregates this computing power to offer cost-efficient GPU resources for AI and ML teams, enabling parallel training, hyperparameter tuning, inference, and other workloads across a distributed network of devices. Bitget's pre-market trading platform serves as an over-the-counter (OTC) marketplace, allowing buyers and sellers to engage in peer-to-peer trading of new coins before their official listing. This unique offering enables investors to secure liquidity in advance and acquire coins at optimal prices. Sellers can establish orders in advance and complete delivery at a mutually agreed upon time, eliminating the need to own the new coins beforehand. "Bitget's pre-market trading platform provides a valuable opportunity for investors to access new coins before they hit the market," said Gracy Chen, Managing Director at Bitget. "We're excited to facilitate the pre-market listing of IO Net (IO), offering our users early access to this innovative project and enabling them to participate in the future of decentralized GPU computing." With Bitget's pre-market trading, investors can capitalize on the potential price movements of new coins and secure liquidity in advance, ensuring a seamless trading experience when spot trading becomes available. Stay tuned for IO Net (IO)'s pre-market listing on Bitget, opening up new avenues for crypto enthusiasts to explore and invest in emerging projects. For more information about Bitget's pre-market trading platform and upcoming listings, visit Link. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@bitget.com Contact Details Rachel Cheung media@bitget.com Company Website https://www.bitget.com/

May 10, 2024 11:12 AM Eastern Daylight Time

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Greenwave Technology Shores Up Balance Sheet With Debt-for-Equity Swap, Expects To Process Record Volumes Of Steel And Copper With 2024 Revenues Exceeding $40 Million

Benzinga

By Meg Flippin, Benzinga Greenwave Technology Solutions Inc. (NASDAQ: GWAV), the operator of 13 metal recycling facilities in Virginia, North Carolina and Ohio, is positioning itself for more growth by cleaning up its balance sheet. This includes a recent debt-for-equity exchange, as the Chairman and CEO of the company, Danny Meeks, exchanged all outstanding notes he held into equity – demonstrating his confidence in the company’s prospects and commitment to its shareholders. As a follow on to this news, the company reported today that it is expecting to generate revenues exceeding $40 million during the year ended December 31, 2024. Growth is being driven by its Cleveland, OH, and Virginia Beach, VA, locations. The company expects its second American Pulverizer 60x85 shredder will result in the company being EBITDA positive and generating positive cashflows from operating activities. Greenwave operates in a highly fragmented market it believes is ripe for consolidation. Paying down its debt puts the company in a better position to pursue bolt-on buys and expand its market share. Under the terms of the debt-for-equity swap, Greenwave exchanged $17.22 million in debt for shares. Of the debt exchange, $10 million was exchanged for shares of Series D Preferred Stock and $7.22 million in debt was exchanged into common stock at $0.1167 per share. "Over the past several weeks, we have significantly strengthened Greenwave's balance sheet and positioned the company for the next phase of its growth," says Greenwave CEO Danny Meeks. "I believe exchanging my debt into equity further aligns me with all shareholders and reflects the confidence I have in our business and growth strategy." Demand Driving Growth Greenwave is in growth mode at a time when demand for recycled steel is increasing as manufacturers look for greener alternatives. Using recycled steel instead of new material can cut CO2 emissions by about 75% as it uses about 70% less energy than manufacturing new materials. As it stands, two out of every three tons of steel produced come from recycling. In 1980, this figure was at just one out of every ten tons produced. It's also a big market. In 2019, the metal recycling industry was valued at $52.1 billion and is projected to reach $76.1 billion by 2025, growing at a CAGR of 7.8% over 2020-2025. "With a significantly strengthened balance sheet, I believe Greenwave is well positioned for the next phase of growth," stated Greenwave CEO Danny Meeks in today’s press release. "The investments we've made in Greenwave's infrastructure will facilitate significant growth in our copper and steel processing capacity, which we anticipate will create significant shareholder value." In addition to running state-of-the-art metal recycling plants, Greenwave operates Scrap App Inc., a wholly owned subsidiary that created an AI-based quoting system for metal from construction and demolition projects, lists the nearest scrap yards with their real-time pricing and introduced a points-based rewards system. The unit generated over $200,000 in revenue within its first 130 days of operations. Sales have been growing at Greenwave, with the company posting $18.46 million in revenue and $1.23 million in cash flow from operating activities in the six months ended June 30, 2023. For the fourth quarter, revenue of $9 million was up 10% sequentially. Shoring Up The Balance Sheet Greenwave has been paying down debt and strengthening its balance sheet for some time now. In the first quarter alone, it received proceeds from warrant exercises of approximately $2.81 million, converted about $2.06 million of third-party debt to equity, closed an equity investment of $5.25 million, and exchanged $17.22 million of related-party debt into equity. As a result of its efforts, Greenwave reports that it increased its shareholders' equity by approximately $27 million. The company also secured waivers from its senior secured noteholders of the quarterly cash covenants until September 30, 2024, as well as monthly amortization payments until July 31, 2024. Extra cash flow from the debt restructuring is going to support growth. As for the type of buys Greenwave will pursue with its newfound cash, Greenwave says it's focused on scrap yard deals that don’t have a lot of dilution or impact on cash flow. It is also committed to not overpaying, aiming to utilize seller’s notes as its preferred form of consideration. Cash is king in the recycled metals market, and Greenwave is shoring up more of it to support its aggressive growth plans. With its financials in order, Greenwave could be well-positioned to meet the rising demand for recycled metal. Featured photo by Evan Demicoli on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 10, 2024 09:00 AM Eastern Daylight Time

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Political Meme Coins Have Taken The Blockchain By Storm

Benzinga

By Faith Ashmore, Benzinga In the realm of cryptocurrencies, where suits and ties now abound, a rebel faction known as meme coins has emerged, bringing a playful and comedic twist to the digital asset market. These tokens, born from the depths of the internet's meme culture, have seemingly captured the attention and imagination of investors around the globe. In a world where seriousness dominates, meme coins stand as a refreshingly unconventional take on cryptocurrency. Many people cite Dogecoin as the first major meme token to get national attention. Dogecoin was initially created as a lighthearted joke or parody based on the popular "Doge" internet meme featuring a Shiba Inu dog. However, Dogecoin quickly gained a significant following and has become a notable player in the cryptocurrency market. Meme coins have notoriously been known for their vibrant and enthusiastic communities. The popularity of meme tokens has highlighted the power of social media and internet culture in shaping the financial markets, as they allow individuals to come together and collectively influence the value of a token through online hype and trends. Political Meme Coins Have Now Entered The Chat With the heat of the presidential race intensifying and the cryptocurrency market having rallied recently, it was only a matter of time before these two worlds collided. And collide they did, in a whirlwind of peculiarity and political intrigue, giving rise to a new breed of meme coins known as "PolitiFi." These crypto projects have taken the meme token space by storm, combining elements of meme culture, politics and cryptocurrency to create a unique asset class. Leading the charge in this PolitiFi revolution is doland tremp ($tremp), which launched on February 28 and was the first 2024 presidential-inspired meme candidate in the space. Political meme coins like tremp offer investors an opportunity to place bets on the outcome of elections, injecting an exciting element of speculation into an already typically volatile market. But tremp is just the tip of the iceberg, as a plethora of meme coins have sprouted on Solana and other blockchains in recent months. Tokens like Tooker Kurlson (TOOKER) and Alux Jownes (JOWNES) have become the darlings of the crypto community, attracting attention and investments. Although these meme tokens are about politics, they aren’t selling political beliefs. The projects are inherently about the community and having fun, bringing some levity to American politics as a whole. After TREMP was minted on Feb. 28, its original creator abandoned the project shortly after release, followed by a community takeover. Since then, the token has drawn the attention of Solana Labs ($SOL) Cofounder Anatoly (Toly) Yakovenko, who regularly posts about the $TREMP coin on X. Simply put, these endeavors are, in essence, community projects. As the election looms, these political meme coins add an extra layer of excitement and engagement for investors. And while the world of politics and finance may seem like unexpected bedfellows, the PolitiFi movement shows that in the ever-evolving landscape of cryptocurrencies, anything is possible – even turning election fever into a source of laughter and potential profit. Featured photo courtesy of doland tremp ($TREMP). Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 10, 2024 08:30 AM Eastern Daylight Time

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