Rewards Hub Solana's price fell by 5% as GeeFi launched its mobile Web3 wallet and began a presale for its GEE token, selling 50% of Phase 1 tokens within 24 hours. The presale, priced at $0.05 per token, raised over $250,000. GeeFi's non-custodial wallet supports multiple blockchains, including Solana, Bitcoin, and Ethereum, and offers features like in-app token swaps and NFT management.
GeeFi aims to enhance the DeFi experience by integrating with Solana's ecosystem, providing reduced transaction fees and staking rewards through its GEE token. The wallet's cross-chain capabilities and user-friendly tools are designed to attract retail investors shifting from Solana.
Solana Dips 5% as GeeFi Sells 50% of Phase 1 Tokens in 24 Hours
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