Cap: In light of the current market environment, the decision has been made to postpone the 1CO.
According to Odaily, stablecoin protocol Cap announced on X that, after evaluating the current market conditions and community feedback, it has decided to postpone Cap's 1CO. Although the protocol's growth and market feedback have been strong, increased volatility in the macro market environment has restricted some potential participants. To ensure fairness and inclusiveness in participation, Cap has made this decision from a long-term perspective.
Cap will share updated plans when the market environment is more favorable for broader participation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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