Pell Network Launches PELL Token on March 13th: Join the Bybit Launchpool for Exciting Staking Rewards!

COINOTAG News reports that Pell Network, a leading decentralized validation service network (DVS) anchored in BTC Restaking technology, is set to officially launch its native token PELL on March 13th at 18:00 Beijing time. This launch will take place across renowned exchanges including Bybit, Gate.io, and MEXC. Notably, Bybit will unveil the PELL Launchpool, allowing users the opportunity to stake PELL, MNT, or USDC to engage in the staking rewards program. The total reward pool is an impressive 20 million PELL, with the staking window open from March 13th at 18:00 until March 20th at 18:00. Pell Network has shown substantial growth, completing a $3 million Pre-seed funding round in October 2024, spearheaded by Mirana Ventures, Paper Ventures, and Halo Capital. The project then secured an additional $3.5 million in strategic funding in January 2025, backed by prominent investment firms, and successfully achieved a $1.5 million fundraising goal on XLaunchpad through an Initial DEX Offering (IDO), witnessing an oversubscription rate of 480%.