MBG Token Pre-Sale Sells Out 7M in 1h; 2nd Round Opens July 18
MultiBank Group’s MBG Token pre-sale sold 7 million tokens at $0.35 each in under one hour via MultiBank.io and Uniswap. High demand underscores trader appetite for asset-backed, regulated crypto products.
A second MBG Token pre-sale of 3 million tokens opens July 18 ahead of the Token Generation Event on July 22. The MBG Token is backed by $29 billion in assets and supported by a $35 billion daily turnover.
MultiBank’s ecosystem includes TradFi CFDs, the upcoming MEX institutional exchange, a real-world asset tokenization platform with $3 billion in real estate, and crypto derivatives. A $440 million buyback-and-burn will enforce deflationary tokenomics and support long-term value growth.
Bullish
MultiBank’s rapid sell-out of the MBG Token pre-sale and strong asset backing indicate robust demand and market confidence. The upcoming second pre-sale and Token Generation Event provide near-term catalysts that could drive short-term price appreciation for MBG. The $440 million buyback-and-burn program further supports a deflationary supply, enhancing long-term value prospects. Overall, these factors are likely to foster bullish momentum in both the immediate and extended trading horizons.