Weekly Update: May 20th- May 26th 2023
Well, it would appear that this week we are still poking the market with a stick to get up and do something. Overall for the past seven days we have not really seen much of any real change at all. Bitcoin, ETH, and BNB are really just holding steady from last week. Even 24 hour charts only show close to 1% movement for each asset. Better than a dump, but it is a bit boring innit? Current live standings at the time of writing this are as follows:
BTC: $26,773.20
ETH: $1,834.98
BNB: $307.19
The meme space is still in full swing, well as much as it can be with a currently stagnant market. $PEPE is down 3% over the past week. $BEN is down today, yet still quite high from the launch, after the incompetence world tour of both of its top dogs. No need to name names (hint it's Ben because get it lol.) No need to fear, I'm sure they will save crypto and bring us to the golden age as stated.
The Sphynx team has been busy this week working in the background to bring on multiple new team members for both product management and client sales. These new team members will give us more bandwidth to reach out to more projects to incorporate Sphynx, and to better get all of our products into the hands of more users. The new team will be broken down further into teams that are looking to reach users in specific regions.
As mentioned last week, the Sphynx Visa Debit Cards had a minor speed bump that has delayed the release. Regulations came down the pipeline right at the time of release so the company we are working with had to adjust. We have been given word this will be remedied soon and we will roll out the release asap.
This also means our first listing was pushed back by us to ensure that we have our core products ready to take full advantage of the new eyes on us when the CEX listing comes. We appreciate the patience the community has exhibited while we make this the best it can be.
Sphynx CEO Lonzo also gave the community the following info on what will be in the next Sphynx DeFi App update:
- Visa
- HyperPools
- Bridge V2
- Local currency option
- Share chart URL
- Favorite token tool
As always, thank you to everyone that believes in Sphynx Labs and the team. We are rolling forward full steam with things no one else is even trying. Once the world knows of us, there is no stopping the train.
Stay tuned for Sphynx’s 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!
Sphynx Labs Links
Aegis Sphynx Mint: https://thesphynx.co/council/56
Website: https://sphynxlabs.co
Telegram: https://t.me/sphynxlabs
Twitter: https://twitter.com/SphynxLabs
Sphynx Mobile App on Apple App Store: https://apps.apple.com/app/sphynx-defi-app/id1626361848
Sphynx Mobile App on Google Play Store: https://play.google.com/store/apps/details?id=com.sphynx
