$SQR adds more than 10% as Magic Square launches Magic IDO Launchpad

$SQR, the native utility token that powers all aspects of the Magic Square ecosystem allowing the seamless integration of users, devs, & validators, is up over 10% in the past 24hours, & now trades trades around $0.3543, with inflow of $165.02k, as per Gate.io chart.

This follows the massive excitement across the crypto community after Magic Square announced the launch of its new initial DEX offering (IDO) platform. The new platform aims to democratize retail access for Web3 investors with limited funds through unique allocation strategies, with consideration of factors like user activity & ecosystem contributions.