Radio Caca (RACA) Project Overview
Radio Caca (RACA) is a Web 3.0 infrastructure project supported by a Decentralized Autonomous Organization (DAO), officially launched in May 2021. Its core vision is to build a comprehensive ecosystem encompassing metaverse experiences, blockchain games, and NFT marketplaces. The RACA token plays a crucial role, serving not only as the governance token for the United States of Mars (USM) metaverse but also convertible into u-RACA, which can be used to purchase NFT assets or pay transaction fees within the USM metaverse.
RACA's ecosystem primarily includes the USM metaverse, an NFT marketplace, and the Metamon game. In July 2021, the project released Maye Musk's PFP NFT series and generated $142 million in revenue from NFT sales that year.
RACA Token Issuance Price and Historical Performance
The RACA token's issuance price involves multiple time points and channels, specifically:
- Gate.io IEO Price: RACA's price during its Initial Exchange Offering (IEO) on Gate.io on August 27, 2021, was $0.000724.
- Initial Listing Price: Some data indicates that RACA's initial listing price in August 2021 was $0.00024.
- First Detected Trading Price: According to CoinLore data, RACA's first detected trading price was $0.00801, occurring in November 2021.
In terms of market performance, RACA reached its all-time high of approximately $0.0120 in November 2021.
Regarding token supply, RACA has a total supply of 500 billion tokens, with a circulating supply of approximately 411.67 billion RACA at the time of writing.
Funding and Key Participants
Radio Caca has received external support during its project development. For instance, in a private funding round on April 6, 2023, the project successfully raised $16 million. Its investment institutions include OKX Blockdream Ventures, Consensys Mesh Tachyon, and DWF Labs, among others. The project team consists of CEO Jeff Watney and Head of Business Development Fuming C., among other members. Additionally, prominent figures such as French Montana and Justin Sun have been associated with the project as supporters, but there is no official evidence of their affiliation or authorization indicating they are the issuers of RACA tokens.
RACA Token Trading Channels
RACA tokens can be traded on multiple cryptocurrency exchange platforms. Please note that the cryptocurrency market is highly volatile, and investors should fully understand the risks and verify the availability of trading platforms before trading.
- CEX: Paribu, MEXC, Gate, TikTokFun, Ourbit, LATOKEN, Kanga Global
- DEX: PancakeSwap (v2), PancakeSwap V3 (BSC), Biswap, SquadSwap Dynamo (BSC)
