FOX Token Up 77% on ShapeShift DAO, Airdrop News
ShapeShift’s token is up significantly on news the exchange is becoming a decentralized autonomous organization (DAO).
Some tokens will distributed to members of the startup's community.
The BED token represents an even split of bitcoin, ether and Index Coop’s DeFi Pulse Index.
More than $6 billion worth of digital assets are held in the 20 biggest DAOs, according to a report from ConsenSys.
The move by the protocol’s home office has been long expected.
Crypto analysts are looking at the FOX token's price gain and asking whether it's the latest promotion or the start of a new trend.