What’s New With JOE Crypto: Live From The Big Joe Town Hall

Trader Joe (recently rebranded from Joe crypto to ‘LFJ’—Let’s F**king Joe) held a town hall stream this past weekend. In it, the DeFi platform on Avalanche outlined its plans for the future using an updated roadmap.

LFJ Price Trading volume in 24h Last 7d price movement has called its rebranding ‘a crucial part of LFJ’s broader strategy, closely aligning with its product roadmap and growth goals,’ as it aims to push boundaries in a rapidly evolving DeFi space.

Let’s F**king Joe crypto is the leading DeFi/decentralized exchange (DEX) protocol on the Avalanche (AVAX) network while also operating on the Arbitrum (ARB) chain. The LFJ platform offers a DEX, bridge, and staking/lending pools.

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Most Important News Coming Out Of The Big Joe Crypto Town Hall

In the town hall on Thursday (October 3), the LFJ team announced an updated product roadmap with these key highlights;

Token Mill (which the community now call “Rumor Mill”): Originally teased in early 2024, Token Mill has gone through several iterations. It is a ‘full’ bonding curve Automated Market Maker (AMM).

Bid Barn (CLOB): LFJ is preparing to launch a Central Limit Order Book (CLOB) under the code name “Bid Barn.” CLOBs offer a unique and efficient trading protocol that LFJ believes will play a crucial role in competing with centralized exchanges in the future. Expect news to come this week.

Aggregator Protocol: LFJ is committed to ensuring users can access all tokens instantly at a low cost. An aggregator will improve the trading experience on the exchange, ensuring traders always get the best price on their swaps. An aggregator is also key to fusing our Classic AMM, Liquidity Book, Token Mill, and CLOB together.

By offering these competitive and industry-leading products, LFJ signals its commitment to instant, low-cost token exchange in a fully on-chain environment. Coupled with the branding overhaul, the team aims to provide simplicity, accessibility, and user-first experiences.

DISCOVER: New HBO Documentary Promises To Reveal The Identity Of Bitcoin Founder Satoshi Nakamoto

What Is The Joe Crypto Community Contributor Program (JCCP)?

Another key part of the town hall was announcing a $10,000 community initiative designed to reward and recognize active members of the LFJ ecosystem. The program is open to anyone who engages with the community via the LFJ Discord, creates content, or participates in events.

It was announced that the JCCP will run quarterly. The first season will begin on October 1 and end on December 31, 2024. Participants will receive rewards and special roles and have the opportunity to level up based on their contributions.

In a unique offering, there will be public “graduation” ceremonies to recognize top contributors each month.

How Has The JOE Token Responded Since The Town Hall?

(COINGECKO)

The native token for LFJ, JOE, has responded positively to last week’s town hall stream announcements. Per CoinGecko, JOE was trading at around $0.299 before the town hall kicked off and has been rising ever since.

It is currently up over +12% in that period, briefly climbing above $0.34 earlier today. JOE is now trading at around $0.337 with a 24-hour trading volume of $9.4 million.

BONUS: Pepe Unchained (PEPU) Is About To Hit $18 Million In Presale Funding

 

Meme coin sentiment (frog coins especially) is running high right now. PEPE is up 11%, and NEIRO is up 47% in the past 24 hours, two clear examples that meme coins are still extremely hot.

This leads to smart investors looking for the next PEPE, that next 1000x meme coin play. Look no further than Pepe Unchained (PEPU) , and this mega-hyped presale is about to hit $18 million in funding as smart money seems to have chosen this project as the next big meme coin play.

One big reason for the insane interest in PEPU is that it is more than a meme coin. The team is building a whole new Layer-2 (L2) network on top of Ethereum as an ecosystem for meme coins. This network will offer all of the safety and security of Ethereum coupled with extremely fast transactions and low-cost fees.

The frog with the golden brain gearing up for L2 launch.

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— Pepe Unchained (@pepe_unchained) October 5, 2024

To ensure that the PEPU network has a thriving ecosystem from day one, the team has announced a grant initiative named ‘Frens With Benefits’. Teams will soon be able to apply for funding to build on the network, which the Pepe Council will vote on. Teams can use the grants to help fund the development of DeFi protocols, NFTs, GameFi products, etc., on the PEPU chain.

There are less than 24 hours remaining before the next price stage increase in the Pepe Unchained presale. There is also a built-in staking mechanism for presale participants. Once you’ve secured your bag of PEPU, simply begin staking for a juicy 122% APY in return.

PRESALE LINK

EXPLORE: Flockerz Raises $100,000 in 4 Days – Vote-to-Earn (V2E) Meme Coin ICO Now Totals $400,000

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.