However, due to the ongoing bear market, the second round is not performing well, and investors have requested a token price reduction from $0.50 to $0.01.

As a result, the project will destroy the remaining 5,000,000,000,000 tokens in the second round and all 100,000,000,000,000 in the third round, representing 43% of the supply. In its place, it is launching a new mega IDO with a token price of $0.1.

The mega IDO will launch on 19 September 2022, and second-round purchasers of the token at $0.50 will receive 5X tokens upon support request. On September 21st, the token will be released, and crypto traders anticipate that it will be priced between $1 and $2.

The DEX intends to form partnerships with tier two exchanges such as Korbit, CoinlistPro, CoinW, and BitWell in the near future. As a result of the success of the first IDO, CANDYDEX has expanded into nine additional countries to meet demand.