PointPay Weekly Update (05-09 August)
Dear PointPay Family,
It's time for our regular Weekly Update, where we bring you all the latest and most exciting PointPay news from the past week! Get all the updates in one place and make sure you don’t miss out on any opportunities!
PointPay News
Let's kick off this week's summary by announcing the winners of the MEW meme contest, held in celebration of International Cats Day! The contest ran throughout the week, and we received a lot of creative and entertaining memes. However, we had to choose the best of the best, and here they are:
🥇1st Place: Jean-Pierre Benoît on Telegram
🥈2nd Place: pointpayer on Twitter
🥉3rd Place: fredravensfield on Twitter
Thank you for participating! We will contact you soon to arrange the prize distribution.
In other exciting news, we've expanded our cryptocurrency offerings! This Tuesday, the ONDO token was listed on the PointPay platform. You can now freely trade and interact with this token—give it a try on our exchange!
Rounding off this week’s updates, a reminder that the trading competition in honor of the Olympics ends this Sunday. That means you only have a few days left to climb the leaderboard in trading volume and claim a reward of up to $50,000!
Cryptosphere News
The past week has been quite turbulent in the crypto sphere. On Monday, a local crisis began in Japan, quickly spreading across Asian, European, and American markets.
This wave of concern and panic also impacted Bitcoin and other cryptocurrencies. Bitcoin, in particular, saw a sharp drop, losing over 20% of its value within hours, briefly dipping to $49,600. However, a rebound is already underway, with the price currently recovering to $57,000. Many experts believe that the asset may soon return to its previous levels of $68,000 to $70,000.
Thanks again for taking the time to read this update. We look forward to seeing you next week!
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