WELL3 token redemption will be open at 8pm tonight, and the price has dropped by more than 60% on CEX before the opening.

According to TechFlow, on July 3, DePIN & AI project WELL3 announced on social media that its token redemption will be open at 20:00 Beijing time tonight. It is worth noting that the WELL3 project token has been launched on some trading platforms at 18:00 today.

Taking the Gate platform as an example, WELL3 hit $0.006897 after opening, and then fell to $0.00246 in a short period of time, a drop of more than 60%, with a 24-hour trading volume of 86.35 million pieces and a transaction volume of $267,300. Taking the Bitget platform as an example, WELL hit $0.22 after opening, and then quickly fell to $0.0025. As of now, the trading volume has reached 203 million pieces, with a transaction volume of $558,100.