Token Events

The PUMP token is experiencing downward pressure, decreasing by about 2% and extending a prior 4% drop. With 10 billion tokens unlocking soon, retail investor interest wanes, increasing the risk of further declines amid bearish technical indicators.

Cryptocurrency exchange Backpack, developed by Solana developers and former FTX executives, announced strict token allocation and unlocking mechanisms to prevent insider selling. 25% of the tokens will be airdropped to the community at launch, while the remaining tokens will be unlocked in phases after reaching specific milestones and will be locked for 12 months post-listing. The founders emphasized that the team's earnings will depend on the company's successful listing and are committed to becoming a compliant and sustainable financial platform. Backpack's goal is to combine crypto and traditional finance to serve the global market, with a priority on obtaining regulatory approval.

PANews February 10 News, according to Whale Alert monitoring, Tether burned 3.5 billion USDT on the Ethereum mainnet an hour and a half ago.

Ripple partners with Figment and Securosys to expand custody. The push staking feature supports ETH and SOL, adding HSM security support for local or cloud deployment. However, XRP monthly dropped 32% to $1.44, with total locked-up assets falling from $80 million to $49.6 million. Stablecoins are only $416 million, indicating that institutional infrastructure has not boosted the price.

Sports blockchain platform Chiliz announces a three-phase roadmap to prepare for the 2026 FIFA World Cup. The plan includes re-entering the US market, launching national team tokens, activating Omnichain cross-chain functionality, and a 10% profit buyback mechanism for CHZ tokens. Future steps will introduce performance-based supply regulation, with victories triggering burns and losses leading to issuance increases. Starting in 2027, sports revenue streams and intellectual property will be tokenized.

The MegaETH mainnet launches today, enabling gasless transactions for new users. The token generation event will depend on stablecoin growth and app activity, with a focus on network use rather than price. Integration with Chainlink enhances DeFi access.

Over $278 million in crypto tokens will hit the market this week from cliff and linear unlocks across over a dozen projects, Tokenomist data shows. AVAX, APT, and STRK top the cliff unlocks chart, while RAIN’s 9.45 billion tokens lead the linear unlocks. This week, more than $278 million

Cryptocurrency exchange Backpack announces the tokenomics plan with a total supply of 1 billion tokens. 25% (250 million tokens) released at TGE, 37.5% (375 million tokens) unlocked upon growth trigger, 37.5% (375 million tokens) allocated to the company's treasury, locked for one year after the IPO, aiming for long-term value creation.

Teltlk supports Visa cards for Pi Coin and USDT global spending, allowing shopping on Amazon, eBay, and Apple Pay. KYB verification has been completed, supporting deposit, withdrawal, and exchange. New features include quick exchange, no binding required for deposit and withdrawal, and improved notifications. The Discover page has added a Web3 Academy educational module.

Based announces the launch of its native token BASED, with a total supply of 1 billion tokens, of which 36% are allocated to the community, mainly through points activities and supporters. It will be available for claim in 2026, with additional portions allocated to ecosystem rewards and investors.

Internet Computer (ICP) founder has published a new paper proposing new tokenomics that would reduce the annual inflation rate by 70% this year. It proposes two paths: reducing the number of tokens produced via rewards and raising the transaction fees by up to 5x. Dominic Williams, the found

MegaETH is set to launch its mainnet on February 9, with the MEGA token's Token Generation Event (TGE) contingent on meeting specific ecosystem KPIs. These include a minimum USDM supply and transaction activity. Post-launch, MegaETH will also experiment with Proximity Markets.

MegaETH announces its core features and TGE mechanism for its token MEGA, which will buy back MEGA through USDM revenue and introduce a bidding system to enhance trading speed. The TGE will occur after three performance milestones are reached, with 20% of tokens allocated to Echo users and others on the first day.

Pi Coin Test Palm Scan KYC Verification to Prevent Fake Accounts, with Face Scan Collaborating for Liveness Detection. In February, 189 million coins were unlocked, setting a new annual high; 134 million were released in January. In January, 2.5 million frozen users were unblocked, with 16 million already migrated to the mainnet and 3 million in the process of migration. KYC rewards will be distributed by the end of March.

Recent security incidents linked to wallet software have once again highlighted a central truth of crypto ownership: self-custody comes with responsibility. Following reports tied to a browser extension issue involving Trust Wallet Hack, users across the ecosystem are reassessing how they

Polygon announces the completion of a new round of token burns, permanently removing approximately 25.9 million POL, about 0.24% of the current circulating supply. The project team stated that if this pace continues, the total burn rate by the end of 2026 will approach 3%. This move is seen as an important step for Polygon to strengthen its token economy and tighten supply, aiming to gradually improve the long-term value structure of POL while network usage grows. However, the short-term market response remains cautious. Affected by the overall weakness in the crypto market, POL's price has fallen by about 6%, and trading volume has decreased to approximately $108 million, indicating a temporary cooling of trading activity. But this has not changed the trend of fundamental improvement. Polygon founder Sandeep Nailwal said on social media that there is a direct correlation between network activity and token value; the more frequently the PoS chain is used, the more POL is burned, and the supply will continue to tighten.

Blockchain infrastructure Espresso announces ESP token economics, with an initial total supply of 3.59 billion tokens and no fixed maximum supply. 27.36% allocated to contributors, 14.32% to investors, 10% airdrop, 1% community sale, 3.01% staking rewards, 24.81% future incentives, 15% foundation operations, and 4.5% liquidity provision.

The Aztec community has approved the TGE plan proposal, and token transfers are expected to open at 3:00 PM on February 12. The proposal was initiated for voting on January 27, requiring 100 million tokens to participate and an approval rate of over 66%. Users who purchased through sales can transfer tokens.