The CoinUp CPX IEO subscription has ended, with a total subscription amount exceeding 90.76 million USDT, over-subscribed by about 252 times

According to the data on the CoinUp Launchpad page, the first token sale (IEO) of CPX has ended today at 14:00. The sale price was 0.12 USDT/CPX, with a total allocation of 3 million CPX.

The data shows that the total subscription amount across the network reached 90,764,572.83 USDT, with 3,656 participants in the subscription. Based on the issuance price, the actual fundraising for this IEO is approximately 360,000 USDT, corresponding to an oversubscription of about 252 times.

According to the page information, the final allocation results of the project are expected to be announced before 16:00 on June 9. In addition, according to official information, CPX will officially launch tonight at 20:00 Beijing time.