Espresso (ESP) is the focus of Binance Wallet's sixth Prime Sale Pre-TGE, featuring significant opportunities for investors.Espresso (ESP) is the focus of Binance Wallet's sixth Prime Sale Pre-TGE, featuring significant opportunities for investors.

Espresso (ESP) Featured in Binance Prime Sale Pre-TGE

2026/02/10 04:58
2 min di lettura
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.
Binance Wallet's Sixth Prime Sale Pre-TGE Featuring Espresso
Key Points:
  • Binance hosts ESP Prime Sale Pre-TGE event.
  • Subscription targets $3.75 million.
  • Limited to 3 BNB per participant.

Espresso (ESP) is featured in Binance Wallet’s sixth Prime Sale Pre-TGE, starting February 10, 2026. Users can use Binance Alpha Points for subscriptions, capped at 3 BNB per user, targeting $3.75 million by offering 53.85 million ESP tokens.

Espresso (ESP) has been announced as the focus of Binance Wallet’s sixth Prime Sale Pre-TGE on February 9, 2026, with the subscription window opening on February 10 for two hours.

Binance’s latest Prime Sale Pre-TGE highlights opportunities for smaller investors and boosts interest in the BNB ecosystem.

Binance Wallet’s Latest Initiative

Binance Wallet has officially announced the sixth Prime Sale Pre-TGE featuring Espresso (ESP), with the event scheduled for February 9, 2026. Participants can purchase using Binance Alpha Points.

The sale targets raising $3.75 million USD with a strict 3 BNB limit per user and distribution of 53.85 million ESP tokens. The tokens’ conversion rate is approximately $0.069638 per token. “The initiative primarily affects BNB, used as the key asset for subscriptions, while the issued ESP tokens position for subsequent trading activities,” reflecting Binance’s strategy to enhance its ecosystem’s value.

Post-event, ESP tokens will be airdropped to Binance Alpha accounts on the designated TGE day. This strategic move aims to mobilize more crypto enthusiasts within the Binance community and stimulate increased trading activity upon listing.

Financial and Market Dynamics

The fundraising exercise does not involve institutional investments or grants. The initiative primarily affects BNB, used as the key asset for subscriptions, while the issued ESP tokens position for subsequent trading activities.

The event does not seek to alter current liquidity or total value locked figures significantly. The focus remains on smooth integration of ESP into the Binance trading ecosystem without immediate financial disruptions.

Historical data on Binance Wallet’s prior Prime Sales is limited, with lacking detailed outcomes of prior pre-TGE events. Yet, the anticipated market reaction closely aligns with previous initiatives showcasing a positive reception from participants eager to expand their token portfolios. Binance’s consistent support for such events looks to further solidify its role in major token sales.

Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.

Potrebbe anche piacerti

USDH Power Struggle Ignites Stablecoin “Bidding Wars” Across DeFi: Bloomberg

USDH Power Struggle Ignites Stablecoin “Bidding Wars” Across DeFi: Bloomberg

A heated contest for control over a new dollar-pegged token has set the stage for what analysts say could define the next phase of the stablecoin industry. According to Bloomberg, a bidding war unfolded on Hyperliquid, one of crypto’s fastest-growing trading platforms, with the prize being the right to issue USDH, its native stablecoin. The competition drew some of the sector’s most prominent names, including Paxos, Sky, and Ethena, who later withdrew their bid, alongside the lesser-known Native Markets, a startup backed by Stripe stablecoin subsidiary Bridge. Hyperliquid Stablecoin Race Shows Branding and Partnerships Matter as Much as Tech Over the weekend, Hyperliquid’s validators, the contributors who secure the network and vote on key decisions, awarded the USDH contract to Native Markets over the weekend. Despite its relatively new status, the firm’s connection with Stripe helped it outpace more established rivals. Stablecoins underpin decentralized finance by providing a dollar-backed medium for collateral, settlement, and payments across applications. What began as a grassroots, community-led sector has evolved into a battleground for institutions and payment companies seeking revenue from interest on reserves. Circle, for example, shares proceeds from its USDC with Coinbase under a partnership designed to stabilize earnings during market swings. The Hyperliquid contest offered a rare glimpse into just how intense competition has become. Paxos pledged to take no revenue until USDH surpassed $1 billion in circulation. Agora offered to share 100% of net revenue with Hyperliquid, while Ethena put forward 95%. All were outbid by Native Markets, whose ties to Stripe’s $1.1 billion acquisition of Bridge and subsequent rollout of the Tempo blockchain positioned it as a strong contender. “Every stablecoin issuer is extremely desperate for supply,” said Zaheer Ebtikar, co-founder of Split Capital. “They are willing to publicly announce how much they are willing to offer. It just shows it’s a very tough business for stablecoin issuers.” While USDC remains dominant on Hyperliquid with more than $5.6 billion in deposits, the arrival of USDH could shift flows and revenue dynamics. Paxos co-founder Bhau Kotecha said the firm sees the exchange’s growth as an important opportunity, while Agora’s co-founder Nick van Eck warned that awarding the contract to a vertically integrated issuer risked undermining decentralization. Regulatory positioning also factored into the debate. Paxos operates under a New York trust charter and is seeking a federal license, while Bridge holds money transmitter approvals in 30 states. Native Markets, in a blog post, cited regulatory flexibility and deployment speed as reasons for its selection. Hyperliquid said the strong engagement from its community validated the process. Circle CEO Jeremy Allaire dismissed concerns over USDC’s status, noting on X that competition benefits the ecosystem. Analysts suggested that fears of centralization may be exaggerated, noting that Hyperliquid is likely to remain neutral and support multiple stablecoins. Still, the contest over USDH highlighted a new reality for stablecoins: branding, partnerships, and business strategy are becoming as decisive as technology. Native Markets Secures USDH Stablecoin Mandate on Hyperliquid Hyperliquid has concluded its governance vote for the USDH stablecoin, awarding the mandate to Native Markets after a closely watched process that drew weeks of community debate and rival proposals. USDH, described by Hyperliquid as a “Hyperliquid-first, compliant, and natively minted” dollar-backed token, is intended to reduce the platform’s dependence on USDC and strengthen its spot markets. Validators on the decentralized exchange voted in favor of Native Markets, a relatively new player backed by Stripe’s Bridge subsidiary, over established contenders including Paxos and Ethena. The outcome followed a string of proposals offering aggressive revenue-sharing terms to win validator support, underscoring the scale of incentives attached to controlling USDH. Hyperliquid’s exchange has become a critical hub for stablecoin liquidity, with $5.7 billion in USDC, around 8% of its total supply, currently held on the network. At prevailing treasury yields, that translates to an estimated $200 million to $220 million in annual revenue for Circle, underlining why a native alternative could be transformative. Hyperliquid’s validators, who secure the network and vote on key decisions, selected Native Markets following an on-chain governance process that concluded September 15. Native Markets has laid out a phased rollout for USDH, beginning with capped minting and redemption trials before expanding into spot markets. Its reserves will be managed in cash and treasuries by BlackRock, with on-chain tokenization through Superstate and Bridge. Yield from those reserves will be split between Hyperliquid’s Assistance Fund and ecosystem development. The launch of USDH comes as Hyperliquid records record profits from perpetual futures trading, with $106 million in revenue in August alone, and prepares to slash spot trading fees by 80% to bolster liquidity. Analysts say the move positions Hyperliquid to capture more of the stablecoin economics internally, marking a significant step in its bid to rival the largest players in decentralized finance
Condividi
CryptoNews2025/09/18 00:48
XRP Price Prediction: Could XRP Hit $10 or Will a 150x Presale Get There First

XRP Price Prediction: Could XRP Hit $10 or Will a 150x Presale Get There First

A sudden BTC bounce from $66,800 just jolted the entire market, dragging altcoins up and forcing late sellers to cover in a move that instantly changed short term
Condividi
Techbullion2026/03/29 03:34
How a Dutch IPTV Provider Is Rethinking the Trial-First Model for European Cord-Cutters

How a Dutch IPTV Provider Is Rethinking the Trial-First Model for European Cord-Cutters

The European IPTV market has grown aggressively over the past three years. According to IMARC Group, the global IPTV market reached $94.1 billion in 2024 and is
Condividi
Techbullion2026/03/29 03:25