Investors react mixedly to the $MAJOR listing results
The developer of the popular Telegram-based game Major, dedicated to Pavel Durov, 27-year-old crypto entrepreneur known as Roxman, has launched the $MAJOR token on exchanges. The asset was listed on OKX, KuCoin, MEXC, Bitget, Bybit, and Gate.io. Shortly after trading began, the token's price started to decline. By evening, it had lost a quarter of its initial value, stabilizing at $1.
Investor reactions to the initial listing results were mixed. Most dissatisfaction came from players, who were unhappy with the token distribution. Some of those who had spent significant time in the game shared their frustrations on the social network X.
“My friend with 1.1 M rank got 141 $major
And me with 990k rank got only 93 $major
What kind of fair distribution is this??”, - complains a disappointed trader Maulik Modi. (@iamthemaulik)
However, the situation lacks the chaos and widespread disappointment seen with Humster Combat. Traders are not giving up on $MAJOR. While the listing results are far from stellar, experts advise against selling the cryptocurrency just yet, as they predict a fivefold price increase.
“$MAJOR looking very bullish. With a 100M max supply, $MAJOR @majoroftelegram will hit $5 easily”, - says crypto trader Obai Scott (@obaiscott)
“Well for the records $Major cooked
but the allocation was poor✌️
I will wait to buy the dip”, - says trader Adaora Favour Nwankwo. (@adaora_crypto)
In a short span of just five months, the game has amassed over 70 million participants, with project revenues reaching $10 million. The total supply of $MAJOR tokens currently stands at 100,000,000. Durov received 1% of the total token supply from the project team and has pledged not to sell them for the next ten years—another reason for optimism regarding $MAJOR.