$TEA Raises $3.4M in 10 Minutes: What’s Behind the Historic Presale?

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$TEA Raises $3.4M in 10 Minutes: What’s Behind the Historic Presale?

TEA has captured significant attention with its recently concluded presale. Raising an impressive 38,888 SOL and securing $3.4 million in just the first ten minutes, $TEA’s rapid success underscores the project’s broad appeal. This meteoric rise reflects a growing interest in combining cultural relevance with blockchain technology, as $TEA aims to unite tea lovers and crypto enthusiasts under a shared vision of sustainability and education.

Investors can engage in staking and farming activities, with opportunities to earn rewards through various strategies. Staking options range from 5% for a two-week lock-up to 55% for three months. The project has also introduced a SWAP feature for its community. Holders who keep their $TEA for two weeks after swapping will receive a 3% cashback reward, providing extra motivation to hold and participate in the $TEA ecosystem.

Additionally, farming allows users to provide liquidity to $TEA pairs on decentralized exchanges (DEXes), offering substantial rewards. The project also incorporates a strategic burning mechanism to manage token supply, potentially increasing the value of remaining tokens. A portion of burned tokens is allocated to monthly charitable raffles, integrating community support into the tokenomics.

Known as Communi-TEA, the community has quickly grown to over 3 million members on Telegram. This rapid expansion highlights the project’s ability to connect with a diverse audience. The team’s dedication to keeping the community informed with regular updates has fostered a loyal and engaged user base.

Moreover, $TEA has forged important partnerships with established entities such as MemeFi and WormFare. These collaborations have boosted the project’s visibility and market reach, setting the stage for upcoming milestones, including exchange listings. 

The recently updated project roadmap unveils upcoming listings on centralized exchanges that are anticipated to boost the token’s liquidity and accessibility, drawing in even more backers and investors. A lot more is on the horizon: a tap-to-earn clicker game is set to launch soon, and a future partnership with an RWAs tokenization project is in progress.

TEA also emphasizes global initiatives through its focus on sustainable tea farming and education. By partnering with local organizations, the project supports environmental and educational efforts worldwide. Interactive products like the Tap-Tea Game and lifetime subscriptions to rare teas further engage users while providing tangible value.

Charity is a cornerstone of the $TEA project. The initiative supports ecological and educational programs in tea-growing regions, aiming to improve living standards and advance sustainable practices. Led by renowned international speaker and tea enthusiast Gil Petersil, these efforts contribute to the project’s positive impact.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.