The native token PELL of Pell Network will be launched today at 18:00 on CEX platforms such as Bybit, (Gate.io), MEXC, etc

BlockBeats News: On March 13th, according to official sources, Pell Network, a decentralized verification service network (DVS) project driven by BTC Restaking, announced that its native token PELL will be officially launched on trading platforms such as Bybit, (Gate.io), MEXC, etc. at 18:00 Beijing time on March 13th. In addition, Bybit will launch the PELL Launchpool project, where users can stake PELL, MNT, or USDC to participate. The total prize pool is 20 million PELLs, and the staking period is from 18:00 on March 13th to 18:00 on March 20th Beijing time. Pell Network previously completed a $3 million Pre Series funding round in October 2024, led by Mirana Ventures, Paper Ventures, and Halo Capital. In January 2025, the project further completed a strategic round of financing of $3.5 million and received support from multiple well-known investment institutions. Meanwhile, IDO on XLaunchbad raised $1.5 million and achieved over 480% fundraising.