Pell Network Set for TGE and Token Distribution in Q1 2025

Pell Network is set to launch its Token Generation Event (TGE) and token distribution in the first quarter of 2025. This event marks a major milestone in the project's roadmap, bringing its native tokens into circulation and enabling participation in upcoming investment rounds. The launch is expected to play a crucial role in the project’s long-term growth, attracting interest from investors and blockchain enthusiasts alike.

To expand its reach, Pell Network is also set to hold a Launchpool event on Bybit from March 13 to March 20, 2025. This initiative will provide users with an opportunity to stake assets and earn Pell Network tokens, further integrating the project into the crypto ecosystem. Bybit’s platform has been chosen as a key launchpad, helping Pell Network reach a broad audience.

The project has already secured funding through a $3.5 million strategic round completed on January 27, 2025. This investment round involved multiple backers and was aimed at strengthening the project’s infrastructure and liquidity. The funding is expected to support Pell Network's expansion and enhance its market presence ahead of its TGE.

The token distribution and launch represent the next steps in Pell Network’s journey. With its upcoming Initial DEX Offering (IDO) on xLaunchpad and participation in Bybit’s Launchpool, the project is working toward establishing a strong market position. As the TGE approaches, investors and participants will be closely watching for further announcements regarding token allocations, vesting schedules, and market performance.

With its presence on the Bitcoin blockchain and a growing list of activities, Pell Network is positioning itself as a promising player in the decentralized finance (DeFi) space. As the launch date nears, the project’s ability to execute its distribution plans efficiently will be key to determining its early market impact.