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CoinEx Blog CoinEx Mining Recap: Highlights of the 4,000,000 FREEDOGS Event and CET Impact
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CoinEx Mining Recap: Highlights of the 4,000,000 FREEDOGS Event and CET Impact

2025-04-24 07:57:50

On April 11, 2025, CoinEx announced the start of another CoinEx mining event, “Lock CET to Share 4,000,000 FREEDOGS. 

The leading crypto exchange announced this event just 24 hours after it announced the Lock BTC or CET to Share 400,000 BABYLON mining event.

According to the FREEDOG announcement, the event was scheduled to take place from April 15 to 17th, 2025, immediately after the conclusion of the BABYLON mining event.

The Lock CET to share 4,000,000 FREEDOGS was another opportunity for CoinEx users who participated in the previous mining campaign to earn more free tokens and expand their portfolios.

Moreover, it was a good opportunity for those who missed the last mining event to take advantage of another one. 

This article provides a summary of the Lock CET to Share 4,000,000 FREEDOGS mining event, its key highlights, and its impact on various aspects of the CoinEx ecosystem.

Major Highlights of the Lock CET to Share 4,000,000 FREEDOGS Mining Event

  • Eligibility Criteria: All CoinEx users who have verified their accounts were qualified to participate in the mining event.
  • Event Duration: (2 days): The main event began on April 15 and ran through to April 17 2025. 
  • Total Reward Pool: CoinEx distributed a total of 4,000,000 FREEDOG tokens to participants who locked their CET.
  • Hourly Reward Pool: Users received a fair share of 83,333.3333 tokens every hour, based on their locked CET amount, throughout the event duration.
  • Daily Reward Pool: CoinEx distributed 2,000,000 FREEDOG tokens daily.
  • Total CET Locked: The mining participants locked a total of 32.16 million $CET tokens.
  • Minimum and Maximum Lock CET Amounts: Participants could lock as low as 100 CET and as high as 50,000 CET tokens to receive a share of the 4,000,000 FREEDOG price pool.
  • APY (Annual Percentage Yield): The Lock CET to Share 4,000,000 FREEDOGS mining event gave participants an APR of 25.24% on their investments.

The Effect of the Mining Event on Coin Exchange Token ($CET)

CoinEx’s native currency, CET, is popular in the cryptocurrency space due to its diverse utilities and use cases. 

The mining event has reinforced the ecosystem’s native currency as a valuable asset for earning a spot in free passive income events. It assured CET holders that the CET tokens in their bags have the power to expand their asset class.

Aside from this reinforcement, the mining event has increased the number of CET holders and its value in the broader crypto market. 

The mining event attracted thousands of new members from around the globe, who signed up on CoinEx and bought at least 100 CET tokens to qualify for a share of the 4,000,000 FREEDOGS price pool.

The numerous signups and massive CET buying within the event period increased the token’s value, adoption, and price. 

Hence, alongside expanding the mining participants' portfolios, the event returned locked CET tokens with increased value.

The Effect of The Mining Event on CET Ecosystem and Community Engagement

One significant effect that this mining event had on the CET ecosystem is its enlargement. The Lock CET to share the 4,000,000 FREEDOGS mining event increased the number of people in the CET community.

Every part of the CET ecosystem, from our exchange to our social media pages, had more people joining in to participate in the mining event. Moreover, this increase did not come without increased engagement.

Our social media pages began to buzz with thousands of retweets, likes, and comments immediately after the mining event announcement went live. 

Again, the increased engagement shows how people-centric CoinEx is and how we value the input of our community members in developing the ecosystem.

Why CoinEx Partnered With FREEDOGS

Freedog is an AI Web3 crypto project. The core themes of the crypto project are decentralization and freedom. The token’s inspiration came from the Durov fight against real-world centralized authorities. 

FREEDOGS was built to resist the idea of centralization creeping into the crypto space, which ought to be decentralized. The AI Web3 crypto token aims to uphold the true decentralization that Bitcoin preached in its whitepaper. 

The FREEDOGS ecosystem provides a platform entirely run by Artificial Intelligence. 

This AI platform allows users to freely transact in crypto without being censored by any centralized authority. In addition, it prioritizes the privacy of its users. 

FREEDOGS' user-base growth trajectory has placed it in a class of its own and has given it a good chance to succeed in the highly competitive crypto market.

The cryptocurrency reached a user base of 1 million on the first day of launch. On the third day, the number of users grew to 3 million. The number grew to 10 million users in under two months.

Its rapid growth has projected the crypto asset as one that is likely to succeed in 2025. Analysts have predicted that the token will be worth around $0.30 before the end of 2025. The current price of $FREEDOGS is $0.000671.

CoinEx Mining - What Next?

The Lock CET to share 4,000,000 FREEDOGS mining event is another successful campaign among many others that CoinEx has previously organized. 

The crypto exchange developed the CoinEx mining initiative to give back to its community members and reward their loyalty to its native digital currency. 

Just like the recently concluded mining event, CoinEx will continue to reward its active community members for their loyalty and participation through additional mining events.

Hence, if you missed this event, you can still earn free crypto tokens from the upcoming and ongoing mining events in the CoinEx ecosystem. 

To participate in the other upcoming and ongoing CoinEx mining events, simply register on CoinEx to open your account, verify it, and buy at least 100 CET tokens. 

All information about CoinEx mining events is mentioned as pinned topics on our announcement page. 

Hence, ensure you keep an eye on the announcement page to be the first to know about upcoming and ongoing mining events.

Final Thoughts

CoinEx decided to collaborate with FREEDOGS in this mining event because of what the AI Web3 project stands for. As a major player in the crypto space, CoinEx is pro-decentralization.

The crypto world should embody, in all its ramifications, the message of decentralization and peer-to-peer payment systems that Satoshi Nakamoto preached in their Bitcoin Whitepaper.

We believe that centralized authorities should have no place in regulating crypto transactions and interactions in the crypto space. 

Hence, the Lock CET to Share 4,000,000 FREEDOGS CoinEx mining event was more than providing passive income for our loyal CET holders and giving back to the community. 

It is part of our contributions to the fight for a fully decentralized crypto landscape. A space that will be free, private, and censorship-free for everyone who wants to break away from the hold of centralized traditional financial systems.

This article covers the major details about the success of the mining event, including important metrics and highlights, as well as its impact on CET’s utility and the CoinEx ecosystem.

If you participated in the mining event, check your dashboard to see your share of the 4,000,000 FREEDOGS prize pool. Your reward was sent to your spot wallet account one hour after the mining event ended.

Did you miss this mining event? No worries. There is more to come. Ensure you stay glued to the CoinEx announcement page to join an ongoing one or know when the next mining event will begin.

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