MoonBag

After extensive discussions with our market makers, we’ve made an important decision regarding the MoonBag launch. $MBAG will first be listed on Uniswap, one hour before the LBank listing. This step is critical in helping us establish the correct market price and preventing arbitrage trading that could destabilize the price on both platforms. Our approach will ensure smooth trading and protect the project from unnecessary risks like delisting due to extreme price fluctuations.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/df7647d856354ff68ad19c1676c9716a.png" />The initial price of $MBAG will be set at $0.003 when listed. As communicated from the beginning, we will allocate approximately 28% of the raised liquidity at launch to support the coin’s initial stability. The remaining funds will be reserved for buybacks and burns, which will be initiated 3-6 months after the initial listing, as we’ve always promised.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/be84b0c783ff4bc28725befab02af117.png" />Our aim has always been to make MoonBag a community-led project. This means that the price of $MBAG after listing is entirely in the hands of the community. The price movement—whether it goes up or down—will depend on your engagement and participation. While our market makers will assist in managing price stability, the community’s actions will determine $MBAG&#39;s future. It’s crucial that every community member understands their role in shaping the coin’s success.Some users may see immediate gains after launch, while others might realize the benefits over a longer period. Regardless, building and maintaining a positive, supportive community is key to ensuring everyone&#39;s success. We are committed to fostering a growth-driven environment, where all members can thrive together. To keep this momentum strong, it’s important that we tighten our moderation efforts to ensure a welcoming space, especially as we embark on post-launch marketing and new members join.Negativity or FUD will be swiftly addressed, and anyone disrupting the positive energy will be muted or removed. Let&#39;s continue focusing on building together toward an exciting and successful future. &#x1f315;&#x1f680;<h2 id="header-0">&#x1f4a5;Claiming Your $MBAG Coins Has Never Been Easier! &#x1f4a5;</h2>We’re making the process of claiming your $MBAG tokens smoother and more convenient! Previously, we announced that users would need to manually claim their coin’s after launch, but we’ve decided to simplify things for everyone. Instead of manually claiming, we will airdrop your $MBAG coin’s directly into your wallets.Here’s how it will work:<ul><li>We’ll upload a file containing all user addresses and holdings. </li><li>A multisender smart contract will airdrop your tokens on Friday, October 11th at roughly 7 AM UTC.</li></ul>Even better, there’s no need to unstake your coin’s—we’ll handle the unstaking process before the airdrop occurs. Once you receive your coin’s, you’ll be free to trade them immediately as $MBAG will already be listed on Uniswap by the time the airdrop begins. &#x1f680;<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/0d3de5a016284753b853f4e6b4448c40.png" />This is all part of our mission to make MoonBag as user-friendly as possible!<h3 id="staking-and-staking-rewards">Staking and Staking Rewards</h3>We’re also excited to announce that users will be able to claim their staking rewards accumulated during the presale at 17:00 UTC on January 13th, 2025. This marks a key milestone for our community as you finally get to unlock the benefits of your staking efforts!Staking will also continue post-launch, with a new phase being implemented around November 11th, 2024. The terms and APY for this next stage of staking will be announced ahead of time, ensuring you’re well-informed before the program goes live. Stay tuned for more details as we continue to reward our dedicated MoonBag stakers!<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/012dc4faac29445d9469a0fc127b3313.png" /><h3 id="strong-staying-positive-focused-strong">Staying Positive &amp; Focused</h3>As we mentioned in our update on August 23, 2024, we are fully committed to delivering on everything we’ve communicated. Our focus remains on ensuring that MoonBag thrives, but we want to remind everyone that while we will do everything we can to support the project, the price action of $MBAG post-launch will ultimately be driven by the community’s participation and activity. Your engagement is what will truly shape the future of MoonBag, and we’re counting on each of you to help make it a success!Additionally, we want to update the community on our goal of adding one more CEX to the listing. While this is still part of our plan, due to limited time before launch, it’s possible that the third CEX listing may come after launch. Unfortunately, we can’t provide an exact timeframe for this, but rest assured, our aims and commitment to expanding MoonBag’s presence remain the same.Let’s stay positive, focus on our shared goals, and keep pushing forward together. &#x1f315;&#x1f680;The MoonBag Team<a href="www.moonbag.org" rel="noopener noreferrer nofollow">www.moonbag.org</a>

🚀 Community Launch Update: Uniswap, Claim, and Exciting News! 🚀

Table of Contents

MoonBag

Other articles published on Oct 8, 2024

Coinpedia Fintech News

Market Analysts Offer Insights on Cryptocurrency Trends

Bitcoin price faltered at $64K again — Here’s why

Why Bitcoin Price Drops: Middle East Tensions, Mining Struggles Or Massive Liquidations?

Ex-SEC Enforcement Chief Grewal Joins Milbank LLP: Crypto Impact?

PayPal Opens Cryptocurrency Market to U.S. Business Accounts

Join our free newsletter for daily crypto updates!