Blog

CONOR McGregor’s token creators to return bidders after the launch failed


Investors who are bidding on the real (real) token that former UFC champion Conor McGregor promotes a full refund after the project failed to raise more than $ 1 million minimum requirements.

“We need to be true. We haven’t hit our minimum increase,” the real (real) token developers said, Real World Gaming in an April 6 x post, Adding that “all bids will be returned altogether.”

“This is not the end,” RWG said.

The team managed to raise $ 392,315 in USDC (USDC) Within a 28-hour presale on April 5 and 6-lower than half of the minimum required and approximately 11% of $ 3.6 million targets, conducted by a sealed-bid auction.

The public sale of 60 million real tokens (3% of a total of 2 billion true supply) initially has targeted a fully melted amount of $ 120 million, including a sealed bid auction starting at $ 0.06 per token.

Details of real token launch. Source: Rescry

Only 668 participants are involved, according to RWG data.

Related: Celeb token burned bright, then burned, in 2024

McGregor, a UFC fighter became a businessman and Ireland political candidate, initially claimed that his token would be more legitimate than other celebrity -adopted tokens, which often resulted in rug pulls:

“It’s not a few tokens adopted by the celebrity, it’s a true game change that will improve the crypto ecosystem as well as make real world changes,” McGregor said in a statement shared with Cointelegraph.

Source: CONOR McGregor

Really launched in a bad time?

The real token is launched in the middle of a sharp market collapse – with Bitcoin (Btc) falling, while US stocks have seen a Estimated $ 6.6 Trillion Loss On April 3 and 4 — the largest loss of two days as President of the United States Donald Trump’s tariff plan Continue with Raise the fear of retreating.

Memecoins have also cooled since Launch Trump’s Official Memecoin On January 18, 2025. The Libra token scandal (Libra) Argentine president Javier Milei In late February the downfall was also exacerbated.

The former- $ 100 billion memecoin market has fallen below $ 44 billion and dropped 13% in the last 24 hours, coingecko Data Shut up.

Magazine: XRP Win has left Ripple a ‘bad actor’ with no crypto legal previously set