Pepe Launchpad

Dutch Auction

Coming soon.
  • A Dutch Auction is a type of auction used in cryptocurrency sales where the price of a token or coin is gradually reduced until it reaches a level that the market is willing to pay.
  • The auction starts with a high price, and then the price is gradually lowered until it reaches a price that the market is willing to pay.
  • The buyers can place bids at any time during the auction, and the auction ends when all tokens or coins have been sold, or the auction has reached its predetermined end time.
  • Dutch Auctions can be useful for cryptocurrency projects that want to avoid setting a fixed price for their tokens or coins or are unsure of the fair market value of their asset.