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BitKeep Wallet hits 10 million users, boosted by successful Arbitrum airdrop

By Barry Stidham
Nov 12, 2024
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BitKeep Wallet, a decentralized multi-chain digital wallet solution, has announced that it has surpassed 10 million users as of April. The platform has seen tremendous growth in recent months, with more than 560,000 new users joining in March alone. The surge in users can be attributed to several successful campaigns with popular blockchains such as Arbitrum and Sui.

BitKeep's Arbitrum event saw the successful launch of ARBK. The native token recorded 708,800 on-chain transactions and was airdropped to over 100,000 users who participated in campaign-related tasks and activities. During the event, ARBK can be exchanged for ARB, the official native token of the Arbitrum chain, and ranked first in the Arbitrum ecological popularity list with 150,000 currency-holding addresses and 330,000 interactions.

Following the recent success of BitKeep, cryptocurrency derivatives exchange Bitget has invested $30 million in the platform. As a result of the investment, BitKeep will be renamed Bitget Wallet, but will continue to operate as a separate entity operationally and structurally. BitKeep will focus on building out its ecosystem and independent token economics, while protecting existing BitKeepers and BKB holders during the transition process. BitKeep Wallet, a decentralized multi-chain digital wallet solution, has announced that it has surpassed 10 million users as of April. The platform has seen tremendous growth in recent months, with more than 560,000 new users joining in March alone. The surge in users can be attributed to several successful campaigns using popular blockchains such as Arbitrum and Sui.

BitKeep's Arbitrum event saw the successful launch of ARBK. The native token recorded 708,800 on-chain transactions and was airdropped to over 100,000 users who participated in campaign-related tasks and activities. During the event, ARBK can be exchanged for ARB, the official native token of the Arbitrum chain, and ranked first in the Arbitrum ecological popularity list with 150,000 currency-holding addresses and 330,000 interactions.

Following the recent success of BitKeep, cryptocurrency derivatives exchange Bitget has invested $30 million in the platform. As a result of the investment, BitKeep will be renamed Bitget Wallet, but will continue to operate as a separate entity operationally and structurally. BitKeep will focus on building out its ecosystem and independent token economy, while protecting existing BitKeepers and BKB holders during the transition. On March 24, Cointelegraph reported that the recent Arbitrum (ARB) airdrop has attracted a lot of attention, as blockchain analytics platform Lookonchain reported that token hunters consolidated approximately $3.3 million worth of ARB into two wallets. The first wallet received 1.4 million ARB from 866 addresses, which were subsequently added to Uniswap to provide liquidity. Currently, this ARB is worth approximately $2 million. The second wallet received 933,375 ARB from 630 addresses, totaling about $1.38 million. These mergers suggest that some users are taking advantage of the airdrop by accumulating large amounts of ARB tokens.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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