Tensions in the Middle East escalated this week, marked by the closure of Israeli airspace amid rising conflict with Iran. One crypto presale doing just that captured the market’s imagination at the same time, raising over $2,193,177 in less than a week. Iran has been working through Qatar and Oman to secure a ceasefire from the U.S. and Israel. Meanwhile, news began circulating that Starlink was already up and running within Iran’s borders.
The official Israeli airspace closure came in response to rising escalations with Iran. A Boeing Dreamliner, fresh and ready for its next international flight, was parked up at Ben Gurion Airport. Damaged buildings are seen after an Iranian missile barrage targeted a residential building in Tamra, northern Israel, injuring up to 35—if not more—civilians. In Tehran, Iran, a blaze engulfed the Shahran Oil depot after a reported Israeli missile strike. An Israeli soldier stands next to a vehicle hit by one of Hamas’s missiles after the IDF retaliated.
Against this worrying backdrop of global conflict and soaring inflation, one new cryptocurrency token presale managed to draw millions in investment. The presale provided investors with an option to purchase tokens with ETH or USDT. Participants were able to be involved with live staking during the presale. In return, they would be able to accumulate potential APY earnings of up to 30%.
Its native crypto token has a maximum supply of 58 million tokens. Forecasters believe the token could rise as much as 31,000 percent and lay the blame for that belief on the token’s scarce supply and groundbreaking tech. Elon Musk, CEO of SpaceX and Tesla, has been silent on the matter of Starlink use in Iran.
