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TechFlow News — BRC20 cross-chain protocol Shell Trade announced on X that it completed its IDO sale today at 4:00 PM Beijing time, with an oversubscription rate exceeding 2000%.
A total of 570 million SS20 tokens were sold, representing 57% of the token's total supply. The fully diluted valuation (FDV) at TGE is $1.5 million, with the total IDO sale size amounting to $855,000.
Shell Trade stated it plans to process all refunds within 24 hours.
Shell Trade, a BRC20 cross-chain protocol, announced on X that it completed its IDO sale today at 4:00 PM Beijing time, with an oversubscription rate exceeding 2000%. A total of 570 million SS20 tokens were sold, representing 57% of the total token supply. The fully diluted market cap at TGE is $1.5 million, with the total IDO sale size amounting to $855,000. Shell Trade stated it plans to complete all refunds within 24 hours.
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