Jupiter Founder Reveals Daily Launch of 20,000 New Tokens at FORESIGHT 2024

CoinGrab Asia William
August 12, 2024
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During the “FORESIGHT 2024” annual summit, Jupiter’s founder Meow, in a fireside chat, disclosed a staggering daily introduction of 20,000 new tokens on their platform, a development he describes as “crazy.” This rapid proliferation signifies a fierce competition for user attention and liquidity among the new tokens.

FORESIGHT 2024: A Global Stage for Web3 Innovators

The “FORESIGHT 2024” summit took place from August 11 to 12 at the Hong Kong Ocean Park Marriott Hotel. The event was livestreamed on the Foresight News website and was jointly organized by Foresight Ventures, Foresight News, and The Block. It served as a vital platform for global Web3 developers to engage and exchange revolutionary ideas, bridging the East and West and smoothing regional disparities.

Diverse Perspectives on the Future of Web3

The summit featured a diverse lineup of speakers including politicians, industry leaders, traditional institution heads, top venture capitalists, and representatives from trending projects. They discussed various topics such as the new chapter of Web3 in Asia, strategic opportunities and challenges for institutions entering the space, regulatory landscapes under compliance frameworks, new trends in global Web3 investments, the Bitcoin ecosystem, the application of AI in crypto, large-scale applications of zero-knowledge proofs (ZK), and social aspects within the industry.

This year’s FORESIGHT summit not only highlighted the exponential growth and dynamic nature of the cryptocurrency landscape but also provided key insights into the challenges and opportunities that come with such rapid expansion in the sector.

Disclaimer: The projections and information presented here are for educational purposes only and should not be considered financial advice. CoinGrab.Asia assumes no responsibility for any losses resulting from the use of this data. Readers are encouraged to perform their own research and proceed cautiously before engaging in any related activities.

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Author CoinGrab Asia William

William, originally carving out a career in Singapore's structured finance sector, made a pivotal shift to follow his passion for the dynamic and often turbulent world of cryptocurrency and financial markets. Now a distinguished cryptocurrency journalist and market analyst, William has authored over 800 insightful articles, making a significant mark in the crypto journalism field.Driven by a keen interest in the underlying mechanisms of the crypto world, William specializes in on-chain analysis, which involves examining transactions recorded on blockchains to gauge market trends and sentiments. His expertise also extends to dissecting events that trigger substantial market movements, providing his readers and followers with a deeper understanding of what drives fluctuations in cryptocurrency values.William’s contributions to the crypto community go beyond mere reporting. He regularly publishes opinion pieces that offer thoughtful perspectives on the latest developments and trends shaping the cryptocurrency landscape. His work not only informs but also enriches the dialogue within the crypto space, offering both novices and seasoned investors valuable insights into the complexities of market dynamics.

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