Cap: In light of the current market environment, the decision has been made to postpone the 1CO.
According to Odaily, stablecoin protocol Cap announced on X that, after evaluating the current market conditions and community feedback, it has decided to postpone Cap's 1CO. Although the protocol's growth and market feedback have been strong, increased volatility in the macro market environment has restricted some potential participants. To ensure fairness and inclusiveness in participation, Cap has made this decision from a long-term perspective.
Cap will share updated plans when the market environment is more favorable for broader participation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
At 21:30 today, the US October PPI annual rate and other data will be released.
After Nvidia (NVDA.US) plunged 32%, Goldman Sachs cited the Apple precedent, while Fundstrat even called for “buying the dip.”
After Nvidia plunged by 32%, Goldman Sachs suggested, drawing parallels with Apple, that its valuation might face pressure before recovering. Tom Lee advocated for "buying the dip," with all differing opinions pointing to declines as investment opportunities.
BTC surpasses $71,000
Crypto prices
More
