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Novastro Token XNL Plummets 75% Below Cost Price, Sparking Community Doubts on Fundraising Platform Kaito AI
Summary: According to market data, Novastro's token XNL fell below the cost price of the public offering round to 0.05 USD the day before, now trading at 0.0126 USD, resulting in approximately 75% loss for participants at the current price. Novastro previously conducted a public offering on Kaito AI, raising 2 million USD, oversubscribed by 2.3 ...
According to market data, Novastro's token XNL fell below the cost price of the public offering round to 0.05 USD the day before, now trading at 0.0126 USD, resulting in approximately 75% loss for participants at the current price. Novastro previously conducted a public offering on Kaito AI, raising 2 million USD, oversubscribed by 2.3 times.
Participants suffering losses from participating in the token public offering below cost have raised doubts in the community about Kaito AI, alleging that the fundraising platform bears some responsibility for raising funds for fraudulent projects.
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Link: Novastro Token XNL Plummets 75% Below Cost Price, Sparking Community Doubts on Fundraising Platform Kaito AI [Copy]
