#Amber Group secures 23.2 million SOLV for market making.#
Hot Topic Overview
Overview
Amber Group has been appointed as the market maker for Binance's latest Megadrop, SOLV, and has received 23.2 million SOLV from the project's multi-sig address for market-making purposes. This represents 1.56% of the initial circulating supply. Currently, 12.2 million SOLV have been deposited into major exchanges.
Ace Hot Topic Analysis
Analysis
Amber Group has been appointed as the market maker for Binance's current Megadrop, SOLV, receiving 23.2 million SOLV tokens from the project's multi-signature address, representing 1.56% of the initial circulating supply. Currently, 12.2 million of these tokens have been deposited into major exchanges. This news has sparked market interest as Amber Group, a renowned cryptocurrency financial services company, its participation as a market maker signifies confidence and optimism in SOLV. This also contributes to SOLV's liquidity and trading volume, boosting its development in the market. However, some have questioned whether Amber Group's involvement will affect SOLV's price and whether there are potential conflicts of interest.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Amber Group is the market maker for SOLV, the new coin in Binance's current Megadrop.
Amber Group received 23.2 million SOLV from the SOLV project team's multi-signature address for market making.
These SOLV account for 1.56% of the initial circulating supply.
Of these, 12.2 million have been deposited into major trading platforms.