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Cap: Due to the current market environment, the 1CO has been postponed.
GateNews
Odaily Planet Daily reports that the stablecoin protocol Cap announced on X that, after assessing 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, due to increased volatility in the macro market environment, some potential participants are restricted. To ensure fairness and inclusivity in participation, Cap has made this decision from a long-term perspective.
Cap will share an update plan when market conditions are more favorable for broad participation.
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