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The Novastro token XNL has experienced a 70% drop from its public sale price, with some recently launched projects trading below their issuance price.

By: theblockbeats.news|2025/10/30 03:48:03

BlockBeats News, October 30th, according to market data, RWAfi project Novastro's token XNL fell below the public sale price of $0.05 yesterday after the TGE, now trading at $0.015. Calculated at the current price, participants in the public sale round are facing a loss of around 70%. Recently, some IDO projects have also experienced price drops.

Earlier, Novastro conducted a public sale on Kaito AI, raising $2 million, exceeding the target by 2.3 times.

Fed's One-Two Punch: Continues 25 Basis Point Rate Cut + Ends Balance Sheet Reduction in December, Two Voters Dissent Rate Decision

In the past 24 hours, there has been a total of $590 million in liquidations across the network, with the majority coming from long positions.