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CoinUp to Launch New Platform Ecosystem Token CPX Genesis IEO and Open Spot Trading on June 9
CoinUp to Launch New Platform Ecosystem Token CPX Genesis IEO and Open Spot Trading
BlockBeats News, June 8 — According to official sources, the cryptocurrency trading platform CoinUp announced that it will soon launch its brand new ecosystem token CPX with a Genesis IEO event.
It is reported that this IEO adopts an innovative "lossless subscription" and "sunshine" mechanism, where user subscription funds will be fully automatically refunded after the event ends; if the total subscription exceeds the target, the system will allocate CPX tokens proportionally to all eligible participants.
Next, three things need to be monitored: whether related funds continue to flow in, whether on-chain trading volume and holdings continue to grow, and whether the project team or regulators provide any new confirmation information.
A single news flash can only indicate that sentiment has been ignited; subsequent data will determine whether it can develop into a trend.
Risks should also be considered: according to the official schedule, the IEO subscription will be open from 12:00 on June 8 to 14:00 on June 9 Beijing time, and token settlement and distribution will be completed between 14:00 and 16:00 on June 9.
CPX spot trading will officially go live at 20:00 Beijing time on June 9.
$cpx #链上数据 #Regulation #区块链 #Crypto Market