On June 30, the BNB Chain Foundation executed strategic acquisitions within its ecosystem, allocating a total of 100,000 USDT to purchase various native tokens. The foundation invested 25,000 USDT to acquire 22,611 JANITOR tokens at an average price of $1.1056, signaling targeted support for this asset. Additionally, another 25,000 USDT was deployed to obtain 1,575,733 IDOL tokens at $0.01586 per token, reflecting confidence in the IDOL project’s potential. The foundation further committed 50,000 USDT to buy 21,365 CAKE tokens at an average of $2.34, underscoring CAKE’s integral role within the BNB ecosystem. Lastly, 50,000 USDT was utilized to secure 208,396 LISTA tokens at $0.239 each, diversifying the foundation’s portfolio. These calculated purchases demonstrate the foundation’s ongoing efforts to bolster ecosystem growth and liquidity across multiple token projects.
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Source: https://en.coinotag.com/breakingnews/bnb-chain-foundation-invests-100000-usdt-to-acquire-key-bnb-ecosystem-tokens-including-janitor-idol-cake-and-lista/