Rayls Completes TGE and Lists on Major Crypto Exchanges
Following its December 1 token generation event, Rayls debuted on Coinbase, Kraken, Binance Alpha, Gate, and Bitget but has struggled to match the attention of leading Layer 2 and meme tokens.
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Terms & Concepts
Token Generation Event (TGE): The initial creation and distribution of a cryptocurrency’s tokens, often marking the official launch of the project.
Layer 2 (L2): Secondary blockchain frameworks built on top of a main chain to improve scalability and transaction speed.
Meme tokens: Cryptocurrencies inspired by internet memes or cultural trends, often driven by community rather than technical utility.