META's 1609SAT fundraising round closed 79x oversubscribed

with approximately $7.9M committed as unique traders rose roughly

↗25%

over the past 24 hours.

Demand outpaces price movement

The 1609SAT raise

drew approximately $7.9M on a $100K target while buyers outnumbered sellers 2-to-1 over the past 24 hours, even as price declined roughly

↘2.5%

over the same period.

Buying activity dominates trades

Buying activity represented roughly 58% of trades over the past 24 hours, though larger sell orders likely drove the price movement.

New funding program launches

MetaDAO launched a new funding program

for app developers on November 5, offering smaller fundraising rounds designed for consumer applications.