Milady Cult announced on X that the pre-sale Meme token CULT released by Milady founder @CharlotteFang77 has been TGE. Odaily reminds users that the price of Meme coins fluctuates greatly, so investors are advised to participate with caution.
Earlier news, Milady Cult previously announced the pre-sale of Meme token CULT, and raised $20.53 million in financing, which has been transferred to the multi-signature Gnosis wallet. The wallet currently holds $21.4 million, mainly Ethereum and USDT. But as of now, the token has not yet been released, causing dissatisfaction in the community.
Scorched Earth Policy, chief of staff of Milady's parent company Remilia, said: "Yes, the token is being released. Beyond that, I can't elaborate on the reasons for the delay. I can only say that we have good reasons to do what we are doing, and everything revolves around making sure we make the right decisions for the community."