Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Phantom Denies Token Launch Rumors Amid New Social Feature Rollout

Phantom Denies Token Launch Rumors Amid New Social Feature Rollout

Cryptodnes2025/01/06 02:00
By:Cryptodnes

Phantom, the popular cryptocurrency wallet, has dismissed speculation about a potential token launch following its recent social feature rollout.

The announcement also celebrated the positive reception of its new social tools.

Launched in December, Phantom’s social features allow users to create profiles, connect with friends, and choose privacy settings such as public, private, or invisible. Currently, these features are limited to the wallet’s mobile app, but Phantom hinted that support for its widely used Chrome extension would be available soon.

Rumors about a possible airdrop were sparked by the introduction of follower and friend features, leading to speculation that Phantom might launch a token in 2025. However, the company’s statement seems to put those hopes to rest.

READ MORE:
MicroStrategy Eyes $2 Billion Stock Offering to Expand Bitcoin Holdings

In addition to its social updates, Phantom revealed plans to integrate Sui, a Layer 1 blockchain, as its fourth supported network. Sui will join Bitcoin, Ethereum, and Solana, the latter being the blockchain where Phantom initially established its presence.

“We are selective about the blockchains we support, and it’s an honor to be part of this group,” said Jameel Khalfan, global head of ecosystem at the Sui Foundation. Although Phantom has not confirmed an official launch date for the integration, it has teased that the addition is “coming soon.”

This move follows Phantom’s recent addition of Ethereum Layer 2 network Base, which expanded its blockchain support in November. The Sui integration signals Phantom’s ongoing efforts to enhance its platform and cater to a broader user base.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!