TechFlow reports that BakerySwap, an integrated AMM+NFT platform, has announced the successful completion of its $BLLB token IDO, receiving 116 million $BAKE (worth approximately $80.5 million) and 1.9 billion 1cat (worth approximately $23 million), with total USDT amounting to $103.5 million. The event was oversubscribed by 360 times, with excess funds to be refunded within 12 hours.
According to Binance market data, BakerySwap's token BAKE has dropped 20% in 24 hours, reaching a low of $0.6067, and is currently trading at $0.6448.
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