BLAST HOGE Token Takes the DeFi World by Storm on the Blast Network, Surpasses $3M Market Cap in Just 3 Days
In
a
monumental
display
of
community
engagement
and
rapid
growth,
the BLAST
HOGE ($HOGE)
token
launched
on
the BlasterSwap decentralized
exchange
(DEX)
on
May
17th,
2024,
achieving
a
market
cap
of
over
$3M after
only
three
days
of
trading
on
the Blast
network. This
milestone
marks
a
significant
achievement
for
the HOGE
Finance ecosystem
and
highlights
the
potential
for
Layer
1 Ethereum communities
transitioning
to Layer
2 solutions.
A
Historic
Launch
on
BlasterSwap
BLAST
HOGE began
with
an
initial
liquidity
of
$50,000
on BlasterSwap,
a
DEX
with
over
$17
million
in
total
value
locked
(TVL).
The
token
quickly
attracted
enthusiastic
support,
reaching
$2
million
in
TVL
and surpassing
$60,000 in
first-day
trading
volume.
This
rapid
growth
underscores
the
token’s
robust
appeal
and
the
community’s
strong
trust
in
its
vision.
Empowering
The
HOGE
Community
through
Airdrops
A
key
element
of
the
launch
was
the
extensive HOGE
Finance airdrop.
Over
75
billion
tokens
were
distributed
to
HOGE
holders
on
Ethereum,
with
each
of
the
76,000+
wallets
receiving
just
over
1
million
tokens
totaling
20%
of
the
supply.
This
airdrop
incentivizes
engagement
with
Layer
2
solutions,
enabling
immediate
exploration
of
dApps
on
the
BLAST
network
at
no
expense
to
existing
HOGE
Finance
community
members.
Upcoming
partnerships
promise
to
further
enhance
the
token’s
utility.
An
additional
10%
of
the
total
token
supply
(valued
at
$122,000
at
time
of
writing)
has
been
distributed
to
the HOGE
Finance DAO
treasury
wallet
via
industry-leading
token
management
partners.
These
funds
will
bolster
the
community
treasury
and
add
everlasting
value
to
the
wider HOGE
Finance ecosystem
by
funding
new
initiatives
and
proposals,
as
well
as
providing
liquidity
for
a
myriad
of
potential
developments.
Future
Plans
BLAST
HOGE’s launch
is
the
starting
point
for
a
series
of
strategic
initiatives
designed
to
deliver
immediate
utility
and
benefits
to
holders.
These
include
platform
activation
campaigns,
innovative
partnerships,
and
much
more.
Additionally,
holders
can
participate
in
the Blast
Jackpot at blast.io by
entering
their
BLAST
HOGE
tokens
and
launch
keys,
offering
a
chance
to
win
substantial Blast
gold rewards.
Future BLAST
HOGE airdrops
will
feature
exciting
projects
and
platforms
on
the
BLAST
network,
as
well
as
collaborations
with
notable
Ethereum
communities.
These
airdrops
aim
to
expand
reach,
foster
deeper
community
engagement,
and
create
an
atmosphere
of
anticipation
and
exclusivity.
The Blast
Network,
boasting
over $1.5
billion
in
TVL,
is
preparing
for
an
anticipated
airdrop
on
June
27th,
estimated
to
be
near
or
above
$1
billion
in
value.
This
event
has
already
generated
significant
buzz
and
increased
daily
wallet
activity
exponentially
as
users
prepare
for
the
lucrative
occasion.
Through
the
network’s
low
transaction
fees
and
native
yields
and
incentives,
holders
of
Ethereum
can
maximize
their
investment
potential-
no
longer
burdened
by
the
immense
fees
typical
on
the
L1
Ethereum
network.
Blast
Ninja
Minigame:
Slashing
To
Success
The
Blast
Ninja
minigame,
available
at play.blasthoge.xyz,
has
proven
to
be
a
hit,
with
over
15,000
plays
and
a
high
score
of
7,230
at
the
time
of
writing.
Top
performers
on
the
leaderboard
will
receive
additional
airdrop
allocations,
promoting
active
participation.
Play and
earn
your
share
of
the
upcoming
airdrop
allocation
today!
Upcoming
BLAST
HOGE
DAO
Launch
BLAST
HOGE is
also
preparing
to
launch
a
decentralized
autonomous
organization
(DAO),
inspired
by
and
forked
from Plutocats,
the
leading
NFT
collection
on
the BLAST
network.
These
NFTs
are
distributed
via
a
Dutch
auction,
with
each
sale
contributing
to
the
BLAST
HOGE
DAO
treasury,
supporting
future
proposals
and
initiatives.
Tokenomics
and
Security
Mirroring
the
tokenomics
of
its Ethereum
parent,
BLAST
HOGE
implements
a
2%
burn
and
1%
reflection
mechanism,
along
with
a
50%
burn
at
launch.
Additionally, BLAST
HOGE will
distribute
5%
of
its
post-burn
tokens
to
the
HOGE
DAO
treasury
over
three
years
via Magna.
Magna is
a
leading
token
management
platform
with
over
$2
billion
in
tokens
locked,
partnered
with
notable
chains
such
as Aptos and Immutable.
Furthermore,
the
token
has
undergone
a
rigorous audit
by
Cyberscope,
a
leading
blockchain
security
firm,
ensuring
the
highest
standards
of
security
and
trust.
About
the
BLAST
Network
Founded
by Tieshun “Pacman”
Roquerre,
the
visionary
behind
the
leading
NFT
marketplace BLUR,
the BLAST
network is
rapidly
gaining
prominence.
Currently,
the
BLAST
network
boasts
a
total
value
locked (TVL)
of
$1.5
billion,
underscoring
its
substantial
impact
in
the
decentralized
finance
space.
With
increasing
daily
wallet
activity
and
renowned
projects
launching
on
the
network,
BLAST
is
poised
to
become
a
central
hub
in
the
DeFi
landscape.
About
HOGE
Finance
HOGE
Finance has
established
itself
as
a
significant
player
in
the
web3
space,
achieving
numerous
milestones
since
its
inception.
At
its
all-time
high, HOGE
Finance reached
a
TVL
of
$150
million
and
a
market
cap
of
over
$500
million.
Known
for
its
community-driven
initiatives,
memes,
and
innovative
approaches, HOGE
Finance remains
a
relevant
and
influential
force
in
the
web3
ecosystem.
The
launch
of BLAST
HOGE marks
the
beginning
of
a
resurgence
in
community-driven
efforts,
heralding
a
new
era
of
decentralized
finance
and
blockchain
innovation.
About
BLAST
HOGE
BLAST
HOGE was
founded
by HOGE
Finance community
leader
Kash
Corleone
Rogers,
with
Kyle
Jackson
serving
as
co-founder
and
Chief
Technology
Officer.
Between
themselves
and
the
rest
of
the
core
team,
they
have
exemplified
a
robust
and
visionary
effort
that
aims
to
revolutionize
the
decentralized
finance
space
through
community-driven
initiatives
and
innovative
on-chain
solutions.
“Having
a
flawless
launch
and
witnessing
the
first
quality
days
of
chart
activity
has
been
a
remarkable
achievement,”
said Kash
Corleone
Rogers,
Founder
of BLAST
HOGE. “We
are
onboarding
thousands
to
both
the HOGE
Finance and BLAST ecosystems,
providing
a
world
of
incentives
and
rewards
via BLAST
HOGE.
Ethereum
investors
need
to
realize
the
world
of
low
fees
and
high
yields
that
exist
on
layer
two
networks,
and BLAST
HOGE is
a
gateway
for
all.”
At
its
core, BLAST
HOGE emphasizes
fostering
community
initiative
and
inclusion,
engaging
both
web3
veterans
and
blockchain
novices.
By
being
an
early
adopter
of
the BLAST
Network, BLAST
HOGE is
set
to
bring
significant
exposure
to
the HOGE
Finance ecosystem
and
its
parent
token,
ETH
$HOGE,
amplifying
its
reach,
impact,
and
treasury
value.
For
more
detailed
token
information
and
live
trading
updates
on
BLAST
HOGE
($HOGE)
visit DEXscreener:
https://dexscreener.com/blast/0xbfcd1e44e086244c5d2856ab1e9db4b6530d7b3d
Website:
https://blasthoge.xyz/
Documentation:
https://docs.blasthoge.xyz/
X
(formerly
Twitter): @BLASTHOGE
Disclaimer:
The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.
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