Conor McGregor’s REAL Token Fails to Launch - Bidders to Be Refunded
The much-hyped REAL token — backed by MMA superstar and entrepreneur Conor McGregor — has flopped in its presale, with developers officially announcing that the token failed to hit the $1 million minimum fundraising goal. The REAL token presale raised just $392,315 in USDC, and as a result, all 668 participants will receive a full refund.
The token was pitched as the anti-rug pull — a no-nonsense project set to bring “REAL change” to crypto and gaming. Only 60 million REAL tokens (3% of the total 2 billion supply) were up for grabs during a 28-hour sealed-bid auction, starting at $0.06 per token. The full raise was meant to hit $3.6 million at a $120 million fully diluted valuation.
While McGregor’s name carries a lot of weight in the world of combat sports and entrepreneurship, the crypto market didn’t bite this time. Launching REAL during one of the worst crypto crashes of the year may have been the fatal mistake.
Just as the auction kicked off, Bitcoin dipped from above $80,000 to below $76,000, U.S. stocks shed over $6.6 trillion in value, and fears of a new global recession sparked by Donald Trump’s sweeping tariff announcements gripped investors.
Conor McGregor had promised something different from the usual celeb-backed pump-and-dump tokens:
“This isn't some celebrity-endorsed bullshit token,” McGregor stated. “It’s a REAL game changer that will improve the crypto ecosystem as well as make REAL change in the world.”
Despite the bold claim, the project failed to rally the crypto community at a time when confidence is low, and liquidity is tight. The low turnout — just 668 participants — highlights the broader market’s caution toward new, untested tokens, even those with big names behind them.
RWG says this isn’t the end. They’ve hinted at regrouping, potentially rethinking their launch strategy. But with the market as shaky as it is and meme culture cooling off, it may take more than just hype and a famous face to revive REAL.
The much-hyped REAL token — backed by MMA superstar and entrepreneur Conor McGregor — has flopped in its presale, with developers officially announcing that the token failed to hit the $1 million minimum fundraising goal. The REAL token presale raised just $392,315 in USDC, and as a result, all 668 participants will receive a full refund.
The token was pitched as the anti-rug pull — a no-nonsense project set to bring “REAL change” to crypto and gaming. Only 60 million REAL tokens (3% of the total 2 billion supply) were up for grabs during a 28-hour sealed-bid auction, starting at $0.06 per token. The full raise was meant to hit $3.6 million at a $120 million fully diluted valuation.
While McGregor’s name carries a lot of weight in the world of combat sports and entrepreneurship, the crypto market didn’t bite this time. Launching REAL during one of the worst crypto crashes of the year may have been the fatal mistake.
Just as the auction kicked off, Bitcoin dipped from above $80,000 to below $76,000, U.S. stocks shed over $6.6 trillion in value, and fears of a new global recession sparked by Donald Trump’s sweeping tariff announcements gripped investors.
Conor McGregor had promised something different from the usual celeb-backed pump-and-dump tokens:
“This isn't some celebrity-endorsed bullshit token,” McGregor stated. “It’s a REAL game changer that will improve the crypto ecosystem as well as make REAL change in the world.”
Despite the bold claim, the project failed to rally the crypto community at a time when confidence is low, and liquidity is tight. The low turnout — just 668 participants — highlights the broader market’s caution toward new, untested tokens, even those with big names behind them.
RWG says this isn’t the end. They’ve hinted at regrouping, potentially rethinking their launch strategy. But with the market as shaky as it is and meme culture cooling off, it may take more than just hype and a famous face to revive REAL.
Pump/USDT: Navigating Technical Signals for Future Upside
At the current moment, $PUMP /USDT is trading at approximately $0.0426 USDT. Recent data from reputable market information websites indicate that the price has been consolidating near this level, suggesting a period of relative stability amid the usual volatility seen in the crypto market.
From a technical analysis perspective, several key indicators offer insight into the potential direction of $PUMP /USDT. The price is currently holding above its immediate support levels, which is an encouraging sign for bullish sentiment. Short-term moving averages, particularly the 50-day moving average, appear to be acting as a dynamic support barrier. A sustained hold above these averages could allow buyers to build momentum. Conversely, a break below this support might signal a shift toward bearish sentiment, prompting traders to reconsider their positions.
Momentum indicators add further nuance to the picture. The Relative Strength Index (RSI) is hovering in a neutral zone, indicating that $PUMP /USDT is neither overbought nor oversold at this stage. This neutrality provides room for a bullish breakout if positive market sentiment prevails. Additionally, the Moving Average Convergence Divergence (MACD) has started to show early signs of a potential bullish crossover, a technical cue that many analysts regard as a signal to hold or even add to positions.
Looking ahead, technical analysis suggests that if bullish momentum is maintained, $PUMP /USDT could see a move upward toward resistance levels in the $0.05 to $0.06 USDT range. This projection is based on a combination of Fibonacci retracement analysis and historical trendlines, which collectively indicate that there is measurable upside potential if the market consolidates higher.
In summary, the current technical signals for $PUMP /USDT lean slightly bullish, advising holders to consider maintaining their positions. However, the inherent volatility of the cryptocurrency market means that risk management remains crucial. Traders should continue monitoring key support and resistance levels and be prepared to adjust their strategy should market conditions shift unexpectedly. This cautious yet optimistic outlook could pave the way for further gains if the bullish indicators solidify in the coming weeks.