Conor McGregor's REAL Token: A Resounding Failure
The long-awaited launch of the REAL token, backed by former UFC champion Conor McGregor, is facing a crushing failure. Despite strong media hype, the sealed auction launched on April 5, 2025, did not meet the financial targets set. The project backed by Real World Gaming (RWG) failed to raise the necessary funds, and the team is compelled to refund crypto investors.
REAL token: a launch marked by failure
Announced a few days ago, the crypto token REAL aimed to raise 3.6 million dollars through the sale of 60 million tokens (which is 3% of the total offer of 2 billion REAL) during a sealed auction. The starting price of the auction was set at 0.06 USD per token, in the hope of raising a fully diluted value of 120 million dollars.
However, on April 6, Real World Gaming announced via a post on X: “We need to be real. We didn’t hit our minimum raise.” The team indeed managed to raise only 392,315 dollars in USDC, barely 11% of the initial goal. They assured that “all bidders will be fully reimbursed”, but specified that “this is not the end” of the crypto project.
Crypto: a volatile market and wary investors
This failure is far from an isolated incident in the crypto world. The current economic situation, marked by instability in financial markets, has certainly played a major role. While major cryptocurrencies like bitcoin have faced a tumultuous period with a drop below 75,000 dollars, investors are currently in a wary mode.
Moreover, memecoins have often been associated with speculative investments, which has certainly cooled enthusiasm around REAL. Despite this setback, RWG developers remain optimistic. They insist that this failure will not mark the end of the project. The team is already working on new strategies to relaunch the sale and make REAL a success.
This failed launch of Conor McGregor’s REAL token highlights the growing difficulties of crypto projects, especially those based on public figures. The memecoins, already plagued by a mixed reputation, must face increasingly selective demand from investors. Only time will tell if REAL will manage to turn things around…
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The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.