Flap introduces a 2% purchase cap for the new token
Foresight News reported that Flap, the token issuance platform launched on Robinhood Chain, announced via Twitter that it has introduced a 2% per-wallet purchase limit during the price discovery phase for tokens with no transaction tax. Flap stated that this move aims to achieve a more equitable token distribution. Additionally, token developers face no initial purchase limits, and all sales are unrestricted. If the token "graduates," the 2% purchase limit will be lifted, allowing the token to trade normally on DEX.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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