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Monochrome Exchange has launched MCR token IEO, raising more than 5500000 USDT。
former Binance Australia CEO founded Monochrome Exchange launched MCR IEO, having raised over 5500000 USDT
PANews September 27 According to news, monitored by Lookonchain, the project founded by Jeff Yew, co-founder and former CEO Jeff Yew was founded by Monochrome Exchange has launched MCR token IEO, and has raised more than 5500000 USDT。
Source: https://www.panewslab.com/zh/articles/01a0e2fb-b4e2-72b2-a156-c2ee7e7f7835
PANews reported that Monochrome Exchange has launched MCR token IEO。
As of now, the amount raised exceeds 5500000 USDT。
Monochrome Exchange Founded by Jeff Yew; Jeff Yew is described as the co-founder and former CEO。
The relevant information is reportedly based on monitoring by Lookonchain.
The following is analysis, separate from reported facts. Verify important claims independently.
IEO is a method of conducting a token's initial public offering. Here, the news indicates that Monochrome Exchange is issuing MCR token and has raised more than 5500000 USDT。
IEO The launch and disclosed fundraising scale may increase market attention to MCR, but the evidence provides no information on price, liquidity, or fund lock-up.
Beginners should distinguish between the "amount raised" and "token value": raising more than 5500000 USDT does not mean that the MCR price or investment return has been determined.
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