Is it a rainbow or just a throw of shade? ๐ŸŒˆ

When $RAINBOW plans an auction but no one's answering the phones, you know itโ€™s a meme moment! ๐Ÿ“ž

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Cryptocurrency wallet Rainbow is reportedly preparing a CCA mechanism auction on Uniswap on February 2nd, aiming to enhance on-chain liquidity for its RNBW token.

Despite reports, no primary sources confirm Rainbowโ€™s involvement or financial implications, highlighting the uncertainty in market reactions and regulatory response.

Token Auction Speculation and Unverified Airdrop Plans

PANews recently reported Rainbowโ€™s plan to launch a CCA mechanism auction on Uniswap, scheduled for February 2nd. The announcement indicated 100% of proceeds will contribute to on-chain liquidity for their RNBW token.

Unverified reports suggest that Rainbow will also airdrop RNBW tokens on February 5th, equating to 15% of the total supply. This development could influence token value and user engagement if accurate.#AirdropAlert #Rainbow