Reward Cycle Achieves $2.2 Million Market Cap After Token Launch
London, United Kingdom--(Newsfile Corp. - November 9, 2021) - The Reward Cycle team is pleased to announce that the Company market cap has reached $2.2 million, after the launch of its Reward Cycle token on October 31, 2021, using the BSC Chain.
Figure 1: Reward Cycle Achieves $2.2 Million Market Cap After Token Launch
Although the token was launched at a $60,000 market cap, it achieved an impressive $2.2 million market cap since its launching. The team encouraged investors to hold the token and stand a good chance of earning a 7% USDT reward. The token's reward utility, Launchpad, is expected to hit the cryptocurrency industry very soon, according to the team.
The RC Launchpad is a blockchain platform to give prospective users access to a launchpad specifically designed to help creators of new blockchain projects to distribute their tokens easily while simultaneously raising capital for them.
The Launchpad is currently operative on the Binance Smart Chain and was used to launch new IDO coins through PancakeSwap, a decentralized liquidity exchange. Here's the link to the swap page: https://bscscan.com/token/0x229a54fb9de889c271380452c0483ce89b8c1e0d
Through the above address, users can swap the token for BNB or other tokens of their choice. The link contains the BSC Scan contract address for the swapping.
KYC and Other Important Measurements
To give more credibility to new tokens launched on the Launchpad, the team has put the necessary machinery in place to vet and check tokens and accept only those from qualified blockchain developers.
That is beside the 'Know Your Customer' (KYC) checks that will be performed on those tokens before they are listed for presale on their RC BSC Launchpad.
Reward Cycle Vision
After launching the token on October 31, 2021, the Launchpad is projected to be ready within the next 2 months. The creators have indicated their readiness to buy back and burn from the profit they intend to make from the token as a practical way to reduce reward cycle supply.
The Reward Cycle team rewards crypto lovers who hold and receive one or two of their utility tokens such as ADA, Eth, USDT, and XRP.
Reward Cycle's Reward
USDT is the reward for Reward Cycle's first token while deliberations are ongoing on the second rewards token that will be chosen through a voting process. To earn more rewards, crypto lovers will be required to hold more of the token.
According to the token's creator, 7% of each buy and sell will be dedicated to holders as USDT reward while a further 4% goes into liquidity. Another 4% will be diverted into marketing, making a total of 15% for several purposes.
Reward Cycle also provides cryptocurrency selling and buying services. Users can buy and sell other digital currencies such as Bitcoin and Ethereum.
The Reward Cycle team prides itself as provide several benefits that include profit tracking, real-time data, customizable charts, and safe and secure transactions and operations.
To be better informed about this project, Reward Cycle has created some social media accounts where prospective investors can catch up with the project and be abreast of every development associated with it.
Social Media Handles:
Company Name: Reward Cycle
Contact Name: Reward Cycle
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102603