Tracer has made significant strides in the cryptocurrency market by successfully concluding two rounds of its Initial Exchange Offering (IEO) on Coinstore. The project has raised an impressive total of 225 million, reflecting robust interest and support from the community for its TRCR token. The material points to an encouraging trend.
Strong Demand for TRCR Token
Both rounds of the IEO were oversubscribed, indicating a strong demand for the TRCR token among investors. This enthusiastic response highlights the growing confidence in Tracer's vision and potential within the crypto ecosystem.
TRCR Token Listed on Coinstore
As a result of this successful fundraising, the TRCR token is now officially listed on Coinstore. Spot trading for the TRCR/USDT pair is set to commence on September 23, 2025, providing investors with an opportunity to engage with the token in the market.
As the cryptocurrency landscape continues to evolve, particularly following the recent launch of mXRP by Midas and Axelar, attention is also turning to Texas, where significant advancements in Bitcoin mining are being made. This shift reflects a broader trend of integrating cryptocurrency initiatives with energy management, as previously reported initiatives highlight Texas's collaboration with the Electric Reliability Council of Texas (ERCOT) to utilize excess energy for Bitcoin mining. For more details on these developments, see our article on Texas's initiatives in the cryptocurrency mining landscape here.
