According to CryptoComLearn, Ju.com has successfully completed the third round of its ZX820RR meme token subscription, raising a total of 50,632,133 USDT (approximately $50.6 million) from more than 32,000 participants. The token generation event (TGE) is scheduled for 20:00 UTC on April 8, with no lock-up period, allowing immediate trading or withdrawal.
Multi-Currency Participation and Dynamic Allocation
This round introduced a multi-currency participation mechanism, accepting JU, USDT, BTC, and ETH for contributions, with allocations calculated based on USD value. Additionally, a dynamic allocation rate model was implemented: the allocation rate increases by 0.2% for every additional $5 million USDT raised. This structure incentivizes early participants while maintaining fairness for later investors.
Referral Rewards Up to 20% of Token Supply
To drive community growth, the subscription featured a referral reward program. Participants who successfully invited friends could earn up to 20% of the final token supply as a bonus. This high-reward referral scheme is rare in the meme token space and is expected to rapidly expand the user base and boost token liquidity.
Market Sentiment and Industry Implications
The strong fundraising for ZX820RR highlights the growing appeal of fair-launch, no-lockup, multi-currency meme tokens. The combination of dynamic allocation and referral rewards may set a new standard for future token offerings. However, investors should remain cautious about the high volatility and speculative nature of meme tokens.
Following the announcement, Bitcoin and Ethereum prices rose by 1.52% and 1.38% respectively, while JU dipped 0.43%. USDT remained stable. Overall market sentiment is cautiously optimistic.