Coinlist restarts the "auction" feature after four years, allowing the market to determine the token sale price

2024-07-31 10:01:10
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ChainCatcher news, Coinlist announced on X the restart of the auction feature. Unlike traditional fixed-price public sales, auctions allow the market to determine the final token sale price.

Coinlist further stated that auctions are not a new model for the platform, as it conducted three auction sales in 2020: Solana (sale price of $0.22), Flow (sale price of $0.38), and Celo (sale price of $1).

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