Categories: Payment system news

CANDYDEX Resets Token Price to $0.1, Commences Mega IDO Round

CANDYDEX ran its first IDO, which got a huge response from investors and the public at large. However, due to the ongoing bear market, the second round isn’t going so well, and investors have requested a reduction in the token price from $0.5 to $0.1.

As a result, the project is burning the 50000000 remaining tokens in the second round and all 100000000 in the third round, accounting for 43% of the supply. In place of this, it is commencing a fresh mega IDO with the token price at $0.1.

The mega IDO is starting on 19th September 2022, and second-round users who bought the token at $0.5 will get 5X tokens when they request through support. The token will launch on 21st of September, and crypto traders predict it will launch at $1 to $2.

The DEX plans to partner with tier two exchanges like Korbit, CoinlistPro, CoinW, BitWell and many others very soon. Due to the success of the first IDO, CANDYDEX has opened operations in 9 other countries to meet demand.

IDO Sale Details:

 ●  Chain: Matic, BSC, ETH, FTM, AVAX, BUSD

●  Token: $CANDYDEX

●  Date: 21st June 2022 at 12 AM UTC

●  Price per token: $0.10;

●  Total allocation for round 2: 60000000

●  Contract address: 0xabE1a652CbC6eB1782B5De4E800f8bf714AaF5D0

superadmin

Recent Posts

U.S. Department of Energy Bets on XRP Ledger for Blockchain-Based Energy Market Settlements

The global financial world continues to move towards one of its biggest transformations – tokenization…

20 hours ago

Bitcoin Falls to $68k as Peter Schiff Warns of Long-Term Bear Market, Says BTC’s Downtrend Is Far from Over

Bitcoin has seen another slump amid a broader market sell-off, temporarily sinking to $68,000 before…

20 hours ago

Why Is XRP Bleeding More Than Bitcoin, Ether, and Solana in November Sell-Off? Analyst Cites 3 Brutal Reasons

While Bitcoin, Ethereum, and Solana have also come under bearish pressure during November’s broader crypto…

2 days ago

JuvrixAI Kicks Off $JUX Presale on NEAR Protocol to Bring Spending Limits to Autonomous AI Agents

The no-code platform gives every AI agent its own wallet and on-chain rules, so agents…

2 days ago

Bitcoin Crash Coming? Analyst Revisits 2014, 2018, and 2022 Pattern Ahead Of Midterm Elections

Bitcoin (BTC) could face another significant correction as the November 3 U.S. midterm elections approach,…

2 days ago

Crypto Founder Drops Bombshell on XRP’s Ripple Dependency, Challenges Holders to Act as Ambitious $10 Forecast Gains Steam

Flare co-founder Hugo Philion has pushed back against renewed XRP criticism, arguing that the cryptocurrency’s…

3 days ago