The upcoming auction of REAL tokens, taking place on April 5-6, has raised concerns within the crypto community.
Details of the REAL Token Auction
A total of 60 million tokens will be distributed during the auction. A two-phase rollout of trading on the decentralized exchange (DEX) is planned afterward, starting with the launch of the Uniswap V4 pool, followed by Uniswap V3 on April 9. Trading will be available in the Uniswap app and aggregators like 1inch and Matcha, with auctioned assets locked until 11 a.m. on April 7. Proceeds from the sale are intended to provide liquidity at the start of trading, with part allocated to the DAO treasury.
Community Reaction to Launch
Some members of the community, including crypto detective ZachXBT, have expressed skepticism regarding the launch of the meme coin. "This is a shame frog. If the frog of shame gets more likes than the original tweet, your tweet sucks," he remarked in response to Conor McGregor's promotional tweet. ZachXBT's comment has gained significant traction among users, overshadowing the UFC champion’s promotional efforts. Additionally, doubts were raised about the authenticity of the claimed list of companies allegedly supporting REAL.
Market Analysis of MEME Coins
In March, CoinGecko experts observed a decline in interest in the meme-coin segment following several failed launches and rug pulls that 'killed' investor enthusiasm. However, they believe that a recovery in this segment remains possible.
The launch of the meme coin REAL is still in question due to the skeptical community response and the current market situation regarding meme coins.
