In a significant development for the BugsCoin (BGSC) ecosystem, ADEN, a new decentralized exchange (DEX), has announced a $100 million BGSC airdrop event to commemorate its official launch on July 23rd, 2025.
This strategic initiative incentivizes user participation and bootstraps liquidity on the platform. ADEN, built on Orderly Network’s white-label infrastructure, leverages shared order books with established platforms like Raydium and WooFi, ensuring deep liquidity for its users.
Notably, ADEN differentiates itself with a 0% trading fee policy, designed to attract traders seeking cost-effective transactions. Moreover, Bugscoin is directly linked to ADEN, a decentralized futures exchange, and the platform’s main digital currency, forming the foundation of its entire system. The BugsCoin Foundation is developing ADEN, intended as a central-authority-free futures trading platform built on the BugsCoin system.
Here’s Why BugsCoin is Surging
The airdrop event, running from July 13th to July 23rd, 2025, offers participants the opportunity to secure a share of the 100 million BGSC reward pool.
However, to be eligible for the airdrop, users must connect their wallets to the ADEN DEX platform via the aden.io website, deposit and hold a minimum of 1 USDC, and possess at least 1 BGSC token. The platform will distribute 2,500 BGSC to each of the first 40,000 eligible wallets on a first-come, first-served basis.
The announcement of the airdrop event has triggered a notable surge in the price of BugsCoin. According to data from CoinGecko, BGSC experienced a 35% price increase today. While the token reached an all-time high of 0.01229, it is currently trading at approximately $ 38.65.
BugsCoin’s market capitalization is $86.5 million today, ranking it 529th on CoinGecko. Multiply the token price by the circulating supply, which is currently 12 billion BGSC tokens, to calculate the market capitalization.
Notably, analyzing recent market performance reveals that BugsCoin has exhibited mixed results. Over the past 7 days, BGSC has seen a price increase of 1.00%, underperforming the broader global cryptocurrency market, which has risen by 11.70%.
However, BGSC has outperformed similar cryptocurrencies within the BNB Chain Ecosystem, which have remained relatively flat with a 0.00% increase, a clear difference from its upward momentum in the last 24 hours.
Trending Token Surge Momentum
In a similar development, the Cross (CROSS) token, the native cryptocurrency of the Ethereum-compatible layer-1 blockchain underpinning the Cross Web3 gaming platform, has recently witnessed a substantial increase in its market value.
Further bolstering the token’s recent performance, the Cross gaming platform shared a “10,000 CROSS Claim” reward initiative on the social media platform X on July 8th, followed by a dramatic surge of 27%.
However, at the time of this report, the CROSS token has continued its remarkable price surge with a 31% increase in the last preceding 24 hours. Over the past seven days, its value has escalated by an impressive 168.50%.
The token’s price trajectory has seen it reach an all-time high of $0.2805 and an all-time low of $0.04661. Currently, CROSS is trading 41.59% below its peak valuation, while remaining 251.51% above its lowest recorded price.
In terms of market activity, the trading volume for CROSS over the last 24 hours stands at $15.7 million. This represents a decrease of 53.40% compared to the previous day, indicating a recent moderation in trading frequency.
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