Rainbow, a cryptocurrency wallet, has announced the auction details for its RNBW token on Uniswap, starting with a price of $0.10 per token. The auction employs the CCA mechanism, with pre-bidding opening at 23:00 (UTC+8) on February 2 and closing at 23:00 on February 3. The CCA auction will conclude on February 5. The auction features a fully diluted market capitalization of $100 million, with a market cap of approximately $19 million. A total of 5 million CCA tokens, representing 0.5% of the total supply, will be available, with payments accepted in USDC.