According to River, its October 29 auction raised $3.2 million in BNB, with rapid sell-out, immediate DEX price gains, and strong short-term trading activity.
River announced its October 29 public auction of 50 million River Pts sold out within 2.5 hours, attracting 2,908 BNB valued at $3.2 million. The final auction price was $0.048 per token. Following the sale, River Pts experienced a 40% price increase on decentralized exchanges and generated $2.2 million in short-term trading volume.