Weekly Update: March 19-March 25

Another week full of action for Sphynx Labs and its community members!

First: The Sphynx Labs team and its advisors have opted to redesign the Sphynx BSC and Sphynx ETH tokens by combining the two and relaunching them as only one token on the BSC network. Holders will get half of the tokens they currently hold on the new contract at the same current full value. So, if someone has 1 million tokens worth 1 BNB, they will receive 500k tokens worth the same amount when the coin relaunches. For more information, read the “Relaunching and Combing the Sphynx BSC and Sphynx ETH Tokens” Medium article or the Sphynx Telegram Channel.

Second: Stop-loss and limit orders on BRC20 is live! People can now place buy or sell orders with little to no gas fees. As a result, investors can invest confidently and comfortably, knowing they can trade without being on their devices 24/7.

Third: The first official tokens to enter our ecosystem with their full LP on Sphynx have launched.. Bitext and Omnia Verse trading are live on Sphynx swap on the BRC network.

Fourth: The Bridge to BRC-BSC-ERC is ready to go! The Sphynx Bridge will be devoted mostly to Alt and Stable currencies. This will help holders of NFT Genesis while also increasing DEX volume. In addition, it will be easier for projects to obtain some Xs as they grow if they only have one chart rather than several charts.

Fifth: Dripto Presale Filled! Another great milestone for Sphynx Labs as more and more projects are launching and filling their presale on the SphynxPad.

Lastly: The Sphynx BRC token hit new all-time highs! The newly launched token saw a nice pump, reaching a high of $4 million market cap and consolidating nicely in the $3 million market cap.

The bulls have been running through the crypto space by pushing BTC past the last resisting line of 42k and hitting a high of 45k. Ethereum went from a low $2.8k to a high of almost $3.2k, while BNB went from around $390 to soaring into the $410s. March is looking extremely bullish for the market, and many experts are expecting the market to hit new all-time highs.

There are many more things to look forward to with Sphynx as more and more projects are launching and staking on the platform, more utilities such as the Sphynx Wallet and Sphynx App will be coming out, and more great partnerships will be announced. Stay tuned for the Sphynx Weekly Updates posted every Friday or be informed on the Sphynx Telegram, Twitter, and Instagram pages.

Thank you for reading, and have a great week!