The River Point public sale, part of the River stablecoin protocol, successfully raised $3.2 million in just 2.5 hours on October 29. The sale involved 50 million River Points, priced at 0.0000447 BNB each, equivalent to approximately $0.048. Following the sale, River Point's price surged by 40% on decentralized exchanges, climbing from $0.034 to $0.048.
River has confirmed that all purchased River Points became claimable on their official website starting at 2:00 p.m. UTC on October 31. The rapid sell-out and subsequent price increase highlight strong investor interest in the River protocol.
River Point Public Sale Raises $3.2M in 2.5 Hours
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