TechFlow reports that decentralized social application Phaver has officially announced its token $SOCIAL is now live for trading on multiple exchanges including Bybit, Gate.io, KuCoin, Bitget, and MEXC. Phaver stated that the current circulating supply of $SOCIAL is 10.05%, with this release primarily allocated to community, exchange marketing, and market making activities—excluding tokens held by the team and investors.
Additionally, Phaver warned users that due to a high volume of redemption requests from the Phairdrop (Phaver's airdrop event), the system is experiencing heavy load, and the team is working hard to expedite processing.
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