strong buy
Major Updates in BackPack, MonadTestnet, and SUI Ecosystem
There are increasing updates: The BackPack daily trading contests, which last exactly 24 hours and increase the prize pool by $10,000 each day, are continuing. Additionally, BackPack has been extended to a second season, though the start date remains unknown. Good news for those with Platinum, Diamond, and Challenger ranks: all who reach these tiers have received involvement rewards.
Concerning Monad Testnet, the minting of the last of 10 NFTs from MonadVerse will occur on June 16, accessible only to those owning all nine NFTs from the collection. A supply of 10,000 NFTs is available. Within OctoSwap app, $MON can be exchanged for $OCTO. Holding over 100 tokens promises a future badge in the Monad mainnet, which will multiply points; one such badge is already available on Magic Eden.
Regarding SUI, users can claim a new geek-day NFT sticker with a Sui Community Passport. Also, an early-stage project called LumiWave, a gaming studio developing a game scheduled for release in Q2 this year, has received SUI backing and confirmed token conversions for points.
To earn points, connect your profile via Google or Facebook on the website and copy your INNO ID. Then, complete a simple quest on Galxe involving subscriptions and your INNO ID. Participants will receive 3,000 points by June 11, a task that takes only a few minutes.
Source available for registered users Sign Up Free
AI Analysis
The recent updates across multiple blockchain projects reflect ongoing growth and community engagement efforts. BackPack's daily trading contests with increasing prize pools indicate a strategy to enh...
AI Recommendation
Given the current updates, it is advisable to stay engaged with the BackPack event series, as the increasing prize pool can attract more traders and investors. Monitoring the release of the MonadVerse...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.