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Coinlist restarts "auction" function after four years, allowing the market to determine the token sale price


Coinlist announced in a post on X that it is restarting "auctions", which, unlike traditional fixed-price public sales, allow the market to determine the final token sale price. Coinlist added that "auctions" are not a new model for the platform, which has held three "auctions" in 2020: Solana ($0.22), Flow ($0.38) and Celo ($1).