- Loud! Token sale hits hard cap in public phase.
- 399.9 SOL raised, approx. $70,000 USD.
- Oversubscription led to allocation adjustments.
Loud! Token sale achieved its hard cap, raising 399.9 SOL on the Solana blockchain during its two-phase token offering.
The oversubscription in the public phase demonstrates significant user interest, affecting individual token allocations and anticipation for further project announcements.
399.9 SOL Raised Surpasses Initial Targets
The Loud! Token sale took place on the Solana blockchain . Initial funding targets were exceeded as both phases attracted substantial participation.
The fundraising was entirely in SOL, demonstrating strong investor interest. There is a keen anticipation for the next steps in token distribution.
Oversubscription Leads to Allocation Challenges
The oversubscribed sale reflects a robust demand for Loud! Tokens. Participants are eager for token claims following the sale completion.
The successful sale impacts token allocation per participant. A reduced allocation was implemented due to high demand, with refund provisions for excess contributions.
“LOUD tokens are now live and IAO claims will be open in a few minutes.” — Loud! Official Account, Twitter
Solana’s History Suggests Post-Sale Trading Surge
Oversubscribed sales have frequently indicated positive market reception. Past instances on Solana suggest increased attention and trading momentum post-sale.
The response hints at potential price appreciation once tokens are tradable. Analysts predict vibrant activity based on historical trends .
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