The $MRT token, powering Martini Market, the first decentralized prediction market on the XRP Ledger, has launched its presale. This announcement has attracted attention from both analysts and investors.
Details of the $MRT Token Presale
The $MRT presale started on June 19 at 3 PM UTC. The total supply of tokens is 10 million, with 4 million set aside for the presale, which constitutes 40% of the total amount. The presale is priced at 1 XRP = 16 $MRT, while the listing will be at 1 XRP = 11 $MRT with a 30% premium. The presale will last for 30 days.
Why Analysts Are Bullish on Martini Market
Analysts believe Martini Market aims to become a major player in DeFi due to several factors: 1. First-mover advantage by pioneering prediction markets on XRPL. 2. The DeFi sector on the XRP Ledger continues to grow, considering the rise of RLUSD and USDC integration. 3. Efficient tokenomics with a capped supply of 10 million tokens, incorporating staking and governance capabilities.
How to Participate in the $MRT Presale
To participate in the presale, one must: 1. Buy XRP through exchanges such as Coinbase or Binance. 2. Fund your Xaman Wallet. 3. Send XRP to the official presale address and add the trustline for the $MRT token on the website.
The presale of the $MRT token represents an intriguing opportunity for DeFi participants. Martini Market is focused on innovation and community control, making it appealing for investors.