HuoXing Finance reports that on July 27, @sershokunin, founder of trade.xyz, stated on X that the Pre-IPO price discovery experiment for ChangXin Technology (CXMT) performed better than expected. Subsequently, trade.xyz team member @0xmev revealed that the Pre-IPO market price for CXMT closely aligned with the spot opening price, and the accuracy of the price discovery outcome exceeded even the team’s own expectations, leaving them surprised.
ChangXin Tech's Pre-IPO Pricing Exceeds Expectations
MarsBitShare
Summary
ChangXin Tech’s pre-IPO pricing surpassed expectations, with crypto price discovery on trade.xyz delivering strong results. A team member noted that the market price closely aligned with the spot opening price. The precision of the price analysis surprised the team, who described the outcome as better than anticipated. The experiment underscores growing interest in pre-IPO token valuations.
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