Ju.com's 8th PINK Meme Offering Tops $100M in USDT Subscriptions

ChainCatcher reported that subscriptions for Ju.com's Issue 8 PINK project closed on April 23 at 16:00, with the token generation event (TGE) scheduled for April 23 at 20:00. The round drew more than 53,000 participants and recorded total subscriptions of 107,833,423 USDT. After settlement, PINK will be distributed as spot tokens with no lockup, enabling holders to sell or withdraw immediately. The offering maintained its multi-currency participation model, allowing subscriptions in JU, USDT, BTC, or ETH, with all contributions converted to USDT for allocation. Ju.com also introduced a dynamic allocation mechanism in this round: for every additional 5,000,000 USDT raised, the allocation rate rises by 0.2%. Users who successfully invite others to join can earn referral rewards of up to 20% of the total token supply.