Ju.com's seventh meme token, CLOSE, concluded its subscription phase with over $99 million raised, involving more than 51,000 participants. The Token Generation Event (TGE) was completed on April 20, with tokens immediately available for trading or withdrawal. The subscription allowed contributions in JU, USDT, BTC, or ETH, all converted to USDT for allocation. A dynamic allocation model increased the rate by 0.2% for every additional $5 million raised. Participants who invited friends could earn up to 20% of the final token supply as a reward.