6th Man Ventures has acquired $1.5 million worth of MetaDAO (META) tokens at an average price of $6.35, as announced on October 20. This strategic purchase led to a significant price surge, with META rising to $8.34, a 32.51% increase within 24 hours.
The investment underscores the growing interest in MetaDAO's ICO platform, which has successfully raised over $200 million for project founders while providing liquidity rights to investors. This aligns the incentives of both parties involved. Additionally, the MetaDAO community recently approved a proposal to sell up to 2 million META tokens at market or premium prices.
6th Man Ventures Acquires $1.5M in MetaDAO, Boosting META Price by 32%
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