Place/Date: - May 25th, 2021 at 10:56 am UTC · 3 min read Contact: Murat YILMAZ,
Source: Cafeswap Finance Marketing
$MOCHA, a deflationary token with the slogan ‘the new flavour of the Binance Smart Chain’ can now be purchased at CafeDEX. CafeSwap Finance has recently held its first IFO, which coincided with the DeFi platform’s newly released secondary token, $MOCHA. The sale was set up to raise $1M in total, and the funds were realised within two minutes of the sale.
During the CafeSwap Finance 1st IFO, 35,000 $MOCHA were offered for sale at $30 each. The exercise lasted barely 2 minutes as investors rushed to have the deflationary token. Currently, $MOCHA is trading at $60 per token. With the successful completion of the MOCHA IFO, 65 $MOCHA tokens were burned, reducing the deflationary token’s already capped 500,000 supply.