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Rainbow’s new token $RNBW is launching now, and it’s available via Uniswap. I heard that in the initial sale, each token was priced at $0.1, and now it’s trading at around $0.01 in the market.
Looking at the sale schedule, it was quite fast—the pre-sale ran for just a few days in February. They were selling 5 million tokens, which is only 0.5% of the total supply. Payments could be made with USDC, and after the sale, the tokens could be withdrawn directly from Uniswap.
Another interesting thing is that they’re also giving out an airdrop through the mobile app, and the token can be traded on the Base network. The total market cap is currently around $14 million. I don’t know whether it’s worth watching as a new project, but the launch strategy seems a bit different.