DUBAI, UAE, July 12,
2024 /PRNewswire/ -- Bybit, the world's
second-largest cryptocurrency exchange by trading
volume, is thrilled to announce the launch of its blockchain clash
competition: the Ultimate Memecoin Arena (UMA). This event will
showcase a thrilling showdown between two heavyweight meme tokens,
Ponke and Brett, representing Solana and Base — two
blockchains battling to be the main venue for memecoin launches and
trading.
Kicking off on Jul. 11, 2024, at
10AM UTC, and running through
Jul. 25, 2024, participants will
engage in an epic clash between Solana and Base by
supporting their favorite coin from their chosen blockchain. This
trading competition is not just for the individual, by siding with
the top team, participants will grab the Ultimate Prize Pool for
their team.
Prize Pools:
- PONKE Prize Pool: $12,500 worth of PONKE tokens
- Eligibility: Trade at least $300
worth of PONKE tokens to qualify for a share of this
pool.
- BRETT Prize Pool: $12,500 worth of BRETT tokens
- Eligibility: Trade at least $300
worth of BRETT tokens to qualify for a share of this pool.
- Ultimate Prize Pool: $25,000 worth of
PONKE & BRETT tokens
- The pool with the highest trading volume will win the entire
Ultimate Prize Pool.
- Rewards will be distributed among participants who have traded
at least $300 of the winning
token.
How to Participate:
- Prepare your Bybit Cloud Wallet or any Seed Phrase Wallet.
- Transfer SOL to your wallet for the PONKE Prize Pool or WETH
for the BRETT Prize Pool.
- Swap at least $300 worth of PONKE
or BRETT tokens to be eligible for their respective prize
pools.
- Engage in trading to contribute to the Ultimate Prize
Pool.
The trading competition is the first to be held on Bybit Web3
DEX Pro, a revolutionary decentralized exchange with
over 1 million tokens to trade modeled after Bybit's
institutional-grade trading interface. Bybit Web3 DEX Pro surpasses
typical CEX offerings, equipping users with i-SMART data
intelligence technology. This powerful suite provides traders with
on-chain and social media data, allowing them to make informed and
smarter decisions.
"This competition is about embracing the excitement and
community spirit of the crypto world," said MK Chin,
Bybit Web3 evangelist. "We're excited to see how participants
strategize and trade their way to victory in this thrilling
competition."
Don't miss your chance to participate in the Ultimate Memecoin
Arena and compete for glory and substantial rewards. Join Bybit in
the battle of the meme tokens and trade your way to victory!
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world's second-largest cryptocurrency
exchange by trading volume, serving over 33 million users.
Established in 2018, Bybit provides a professional platform where
crypto investors and traders can find an ultra-fast
matching engine, 24/7 customer service, and multilingual community
support. Bybit is a proud partner of Formula One's reigning
Constructors' and Drivers' champions: the Oracle Red Bull Racing
team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: media@bybit.com
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit's Communities and Social
Media
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SOURCE Bybit