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$ALEX Gains Over 19% After The Launch Of New ALEX Launchpad Buy-Back Protection
Gate.io news: $ALEX is currently among the top gainers today following a significant over 19% price increase rising from $0.2158 to $0.2632 in the last 24 hours, while it's currently trading at $0.2624.
The price increase comes after the launch of new ALEX Launchpad Buy-Back Protection, which means Projects will lock 90% of IDO proceeds for 1 week in the vault after registration closes. If the token price drops below IDO price after 1 week, participants can be refunded at 90% of the IDO price.