Developers Quietly Minted a Large Amount of Altcoin That Was Announced to Be Delisted on Binance!

2025-06-29 05:30:47

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According to on-chain data, the leveraged trading protocol LeverFi has minted approximately 13.7 billion new LEVER tokens.

Some of these tokens have already been transferred to the cryptocurrency exchange Bybit. However, no official statement has been made by the project team so far.

This development came immediately after Binance announced that it would delist the LEVER token as of July 4th. The community finds the timing of the new token issuance and exchange transfers noteworthy.

LeverFi announced the “LeverAI staking incentive program” on May 15 and stated that the total supply would be increased from 35 billion to 55.7865 billion. Today’s token issuance may also be part of this new supply planning.

LeverFi, formerly known as RAMP DEFI, aims to provide an adaptive layer that enables AI-supported decentralized applications to communicate and transact securely on global blockchain networks according to its official statement.

LEVER token is currently trading at a level of 0.0003124 dollars. It has experienced a decrease of 94.2% since reaching a level of 0.005333 dollars in July 2022.

*It is not investment advice.

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