Conor McGregor $REAL Token Presale Raises Only $392K, Missing $1M Goal and Issuing Refunds
The Conor McGregor $REAL token presale has officially concluded in letdown, having raised just $392,315 in USDC over a 28-hour auction—far shy of its $1.008 million minimum target. Data released by the Real World Gaming DAO (RWG) reveals that only 668 people participated in the sealed-bid auction, hence refunding all backers once the minimal level was unmet.
Originally intended to be a utility token inside RWG’s gaming and entertainment environment, the $REAL token was launched with much fanfare and aggressively promoted by MMA legend and businessman Conor McGregor. At a starting price of $0.06 per token, the presale sought to allocate 60 million $REAL tokens—equivalent to 3% of the currency’s total 2 billion supply. That put the project at a completely diluted valuation of $120 million.
Read More: Crypto Liquidations Surge to $976M as Bitcoin Dips Below $78K Amid Global Sell-Off
The token fell short of attracting the degree of investor interest required to meet its modest $1 million soft cap in spite of the excitement and Conor McGregor’s support throughout his 57 million combined social media following on X and Instagram. It also came well short of the lofty $3.6 million goal the developers had planned to reach.
RWG stated that all offers would be completely returned to participants because of the deficit, so indicating a rare public presale failure for a high-profile celebrity-backed Web3 project. RWG promised in an official statement that the $REAL token project’s beginning presale failure does not signal its termination and that more innovations are in the works—though details have not been disclosed.
Why Did the $REAL Token Fail?
Its underwhelming performance may have been significantly influenced by the time of the introduction. With Bitcoin dropping below $78,000 during worldwide equity sell-offs, the crypto market has been highly volatile. Simultaneously, general excitement for celebrity tokens and meme coins has declined following a string of frauds, subpar utility offers, and transient hype cycles.
Although the $REAL token was marketed as more than a meme coin—promising genuine utility inside gaming and entertainment ecosystems and even integration into McGregor’s own brand—doubts persisted among analysts and investors alike. Many doubted the actual worth and vision behind the token beyond the celebrity endorsement.
Critics contend that, despite promotional promises of assistance from well-known Web3 companies such as Animoca Brands and KuCoin Labs, celebrity-backed token launches frequently lack the long-term value and openness real crypto investors now want in a post-2021 bull run age.
What’s Next for Conor McGregor’s $REAL Token?
RWG maintains the Conor McGregor $REAL coin project is still active despite its first presale attempt falling short of sufficient support. Whether they want to relaunch the coin under new conditions, change their price strategy, or move to a more utility-driven structure stays to be seen.
For the time being, the project adds to a rising list of celebrity crypto projects that have struggled out of the gate, highlighting the need of solid fundamentals, community confidence, and market timing in the often changing crypto arena.
Both investors and fans will be attentively monitoring how the squad changes and whether McGregor’s star power will spark interest in the $REAL token with a more deliberate and grounded relaunch in the future.
