[PRESS RELEASE – USA, USA, November 1st, 2024]
LUCE has recently emerged as a notable player in the cryptocurrency market. It has an interesting background as it relates to the Vatican’s announcement of an official mascot for the Holy Year of 2025. As the Vatican is at the heart of Catholicism, the mascot introduced by the Vatican has a special cultural and religious significance. Positioned as one of the first religious-themed tokens, LUCE has captured interest from the broader cryptocurrency community.
Within the first 12 hours of its launch, LUCE reached a peak market capitalization of nearly $53 million. For instance, an early investor’s address on the Solana chain invested $3,300 in the early stages of the token’s issuance and obtained 16.3 million LUCE tokens. By October 29th, this investment showed a floating profit exceeding 192 times its initial amount. This example illustrates the volatility and fluctuating return potential of LUCE, highlighting both the possible gains and the risks typical of emerging tokens in the cryptocurrency market.
Today, BYDFi, a global cryptocurrency exchange, announced that it has listed the LUCE token, offering its users access to this new asset. The listing will be accompanied by promotional activities, including a 30,000 LUCE airdrop to new users. Details of the event can be found in BYDFi’s official announcement.
Michael, founder of BYDFi, said, “BYDFi is committed to providing a diverse range of trading options. However, it’s important to note that Meme tokens like LUCE can be highly volatile and risky. BYDFi encourages users to trade cautiously and make informed decisions, while we continue to provide a secure and efficient trading environment.”
About BYDFI
BYDFi, one of Forbes’ top 10 Crypto Exchanges serving millions of users across more than 150 countries and esteemed by authorities like CoinMarketCap and CoinGecko. The exchange offers trading in over 600 tokens and supports up to 200x leverage for perpetual contracts. It also focuses on user security, offering 0% trading fees and partnering with Banxa, Transak, and Mercuryo to simplify cryptocurrency purchases. Additionally, BYDFi has developed numerous trading tools, such as Grid Trading and Auto-Invest strategies, which aim users to capture market opportunities while reducing market risks.
