Member Blog
Aurus Announces Huge Ecosystem Upgrade – Access Full Investor Financial Projections Read More

Navigating Turbulent Waters and the Crypto Market Volatility

In recent weeks, the cryptocurrency market, along with AurusX, has experienced significant turbulence. As valued members of our community, we believe in keeping you well-informed about these developments and the exciting strides being made at Aurus despite the challenges. This article provides insights into the factors influencing recent market movements and highlights the resilience of the Aurus ecosystem.

Current Market Conditions

The broader cryptocurrency market has undergone one of its most tumultuous phases. A remarkable $1 billion in liquidations resulted in a rapid decline in the price of Bitcoin, all within a mere 5-10 minute window. This sudden drop had a more profound impact on the market than even the FTX collapse, driving prices down to levels not witnessed since the summer of 2020. This immense pressure on major cryptocurrencies has had a cascading effect, affecting various other tokens, including AurusX.

Despite this recent volatility, AurusX continues to fulfill its primary promise of generating monthly rewards in tGOLD, tSILVER, and now, in a groundbreaking move, tPLATINUM as well.

The Strength of the Aurus Ecosystem

Aurus remains resilient in the face of current market challenges, thanks to its robust foundation. The infrastructure supporting Aurus is unwavering, and the ecosystem continues to thrive with various activities and launches:

1. tPLATINUM/USDC Pool: Aurus is excited to announce the forthcoming launch of a new tPLATINUM/USDC pool. This pool will be available on our app for swaps, offering more opportunities for users to engage with AurusX.

2. tPLATINUM Rewards: Beginning in September, AurusX stakers will have the opportunity to earn tPLATINUM rewards. This addition expands the range of rewards available to our dedicated community.

3. New Liquidity Providers & Market Participants: Aurus is actively establishing connections with new liquidity providers and market participants in the crypto industry. These partnerships will enhance the offerings available to our users, contributing to a more robust ecosystem.

4. Upcoming NFT Project: Aurus is in the early stages of developing an exciting NFT project in a specific region. This initiative promises to introduce new utility to tGOLD and AurusX. Stay tuned for more details, which we will reveal shortly.

Click here to watch Aurus’ latest video on the future of precious metals!

Share this Article
Related Insights
Holland Fintech Digital Transformation Paper 2024
Holland Fintech is proud to present the Digital Transformation Paper 2024. This whitepaper, led by the Holland Fintech working group Digital Transformation in collaboration with Accenture, provides valuable insights into the dynamics and key factors influencing successful collaborations between fintechs and incumbents.
Holland Fintech Pavilion at Money 20/20
Money 20/20 – Join our Pavilion! The Holland Fintech Pavilion offers a unique opportunity to connect with a global audience of fintech professionals. Located at the heart of Money 20/20, the pavilion provides a central hub for networking, collaboration, and exposure.
Amsterdam Fintech Week
Amsterdam FinTech Week is back on 2-4 October 2024! Be a sponsor, co-organizer, or just participate in our community events.