- Loud! completed token sale with oversubscription in phase two, reaching 399.9 SOL.
- User allocations reduced to 0.05 SOL, while excess funds will be refunded.
- No major market shifts outside LOUD/SOL ecosystem observed.
Loud! (LOUD) concluded its token sale on June 1, attracting strong participation on HoloLaunch. You can find more about the Loud (LOUD) Overview from CoinGecko.
This completion of both sale phases at 399.9 SOL marks a significant user interest in the Loud! project. However, some caution from the community persists due to past performance concerns. As noted on CoinMarketCap, “The LOUD! token sale has successfully concluded with nearly 400 SOL raised, tokens being prepared for claim, and initial listings ready.”
Loud! Token Sale Closes at 399.9 SOL with Strong Demand
Loud! (LOUD), launched on HoloLaunch, recently closed its two-phase token sale. Phase one raised 194.8 SOL, narrowly missing its 200 SOL target but distributed 225,000 LOUD to each participant. Phase two reached the hard cap of 205.2 SOL due to oversubscription, reducing individual allocations from 0.2 SOL to 0.05 SOL. As a result, each participant receives 56,250 LOUD, with excess funds to be promptly refunded by project guidelines.
Immediate changes include allocation adjustments due to overwhelming demand, further increasing the token’s visibility and potentially attracting more market participants. The community’s cautious stance relates to the team’s previous project issues, yet initial arrangements for liquidity, such as pooling in MeteoraAG, ensure market stability.
Insights from Coincu:
Loud!’s active engagement and quick sale fill suggest robust interest despite community doubts. The focus on creating liquidity pools post-sale reinforces platform stability. Expert opinions from Coincu highlight the transparency and user trust built through meticulous allocation and refund processing, boding well for future project endeavors.
LOUD’s Market Performance and Future Implications
Did you know? The two-phased sale structure utilized by Loud! has precedents in similar attention token projects on Solana. The real-time user allocation adjustment is a unique twist, enabling dynamic responses to sale conditions while maintaining user trust and project transparency.
Loud! (LOUD) trades at $0.01 with a fully diluted market cap of $13.47 million, per CoinMarketCap data. Trading volume hit $23.51 million with price growth of 6.8% recently. The token’s max supply is capped at 1 billion. Such solid metrics underscore Loud!’s initial market traction, though long-term engagement remains to be seen.
Insights from Coincu suggest robust interest despite community doubts. The focus on creating liquidity pools post-sale reinforces platform stability.
Source: https://coincu.com/341060-loud-tokens-sale-completion/