$MAJOR Token Price Flies 132% After Listing

Bittime - The $MAJOR token, which has just been launched on a number of crypto trading platforms, immediately stole the market's attention. In a short time, the token developed by the Major project managed to achieve an extraordinary increase of up to 132%. 

Based on data compiled from several platforms, the price of $MAJOR flew to the level of US$1.16, recording a significant jump compared to the price at the initial listing.

This rapid price increase cannot be separated from the euphoria generated by the listing of the $MAJOR token on various well-known exchanges, such as OKEx, which even made it one of the most traded tokens within hours of its debut. 

This success sparked attention from various groups, including the founder of Telegram, Pavel Durov, who praised this project.

Praise from CEO of Telegram, Pavel Durov To MAJOR

Source: BeInCrypto 

The success of the Major project not only attracted the attention of traders, but also received appreciation from the number one person behind Telegram, Pavel Durov. 

In a post on his Telegram channel, Durov stated that Major is one of the favorite mini-apps in the Telegram ecosystem. Durov praised the rapid adoption rate and huge potential that the Major platform has.

“Major is a very exciting project, with an incredibly fast adoption rate. "I am sure that many new possibilities can emerge from this platform, including the development of features that are in line with Telegram's characteristics," said Durov.

One of the things that further strengthens support for this project is the commitment from Roxman, the founder of Major, who donated 1% of the total supply of MAJOR tokens and promised not to sell them for the next ten years. 

This adds to public confidence that Major has a solid foundation and is committed to the long-term future.

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MAJOR Market Capitalization Skyrockets

Along with the successful listing, the market capitalization of the $MAJOR token also rose sharply. Currently, based on data from CoinMarketCap, MAJOR's market capitalization has exceeded US$112 million, or around IDR 1.7 trillion. 

This figure reflects the high interest of investors in tokens that are considered not just "meme coins".

The Major project developers emphasized that they do not intend to develop this token as just a meme coin. 

"We are not a meme coin, and we will soon bring new and bigger breakthroughs," said the development team. This certainly adds to optimism and hope regarding the long-term potential of this project.

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$MAJOR Token Future Challenges and Projections

Sumber: Coinmarketcap

However, despite the impressive price jump, there are still several challenges that the project must overcome. One of them is a complaint from several users who experienced difficulty in withdrawing their MAJOR tokens after receiving the airdrop. 

Some users stated that the time given to withdraw tokens to centralized exchanges (CEX) was too short, and there were some who felt their tokens were locked in the application.

However, this problem has not completely dampened market enthusiasm for the MAJOR token. Although the trading volume of this token in the last 24 hours was recorded to have increased by around 5% to a price of US$1.2. 

In addition, the MAJOR token has been listed on various large exchanges such as Bybit, Bitget, KuCoin, and Gate.io, which provides wider access for users to trade this token.

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How the $MAJOR Token Will Perform in the Future?

Although the $MAJOR token is currently performing very well, with a rapid price increase at the start of its debut, there is still a lot of uncertainty regarding the long-term prospects of the project. 

Despite this, the developers remain optimistic, saying that they are just starting their journey, and big things are coming soon.

From a technical and fundamental perspective, Major promises to present new features that will further strengthen the attractiveness of this project. However, for investors and traders, caution is still required. 

The crypto market is known for its high volatility, and the price of MAJOR tokens can experience sharp fluctuations over time.

With this extraordinary achievement, Major managed to prove that they have great potential to develop further in the crypto world. 

All eyes are now on the next steps the project will take and how they will face the challenges that lie ahead.

FAQ Major

What does Major mean on Telegram?

Major is a new game created for Telegram users that launched on July 3, 2024. The goal is simple: collect Stars to increase your ranking and reputation in the game. The more Stars you earn, the higher you rank on the leaderboard, making you one of the top players in the community.

Who is behind the Major Telegram bot?

Developed by Roxman, the creative minds behind Friends Factory, Major allows players to collect Stars through various activities and interactions.

Is Major a Telegram project?

Major (MAJOR) is a star collecting game designed specifically for Telegram users. 

Launched on July 10 2024, this game invites players to compete for the title of “coolest Major” in the Telegram community. Players earn Stars, the in-game currency, which determines their rank and reputation in the game.

How to Buy Crypto on Bittime

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Reference: 

BeIn Crypto, BeIn Crypto article, accessed November 30, 2024

coinmarketcap, chart token $MAJOR Coinmarketcap, accessed November 30, 2024

Author: Y