XRP News Today: Martini Market $MRT Token Presale Begins, 40% of Supply Available

The $MRT token presale has officially begun, marking a significant moment for the XRP Ledger ecosystem. Early indications suggest that this event is generating substantial interest, particularly among XRP whales who are eager to secure $MRT tokens, which are integral to the Martini Market ecosystem.

The presale, which started on June 19th at 3 PM UTC, offers 4 million $MRT tokens, representing 40% of the total supply of 10 million tokens. The presale rate is set at 1 XRP for 16 $MRT, with a listing rate of 1 XRP for 11 $MRT, indicating a 30% premium. The presale will run for 30 days, and the tokens will be listed on Magnetic X DEX and other top-tier centralized exchanges.

Analysts are optimistic about Martini Market, the first decentralized prediction market built natively on the XRP Ledger. They believe that Martini Market could become a major player in the DeFi space, potentially rivaling platforms like Polymarket. This optimism is driven by several factors, including Martini Market's first-mover advantage in on-chain prediction markets on the XRP Ledger, the growing momentum in the XRPL ecosystem, and the efficient tokenomics of $MRT.

The XRPL ecosystem is currently experiencing significant growth, with developments such as the expansion of RLUSD, regulatory gains in Dubai, the native integration of USDC, and the inbound EVM sidechain driving smart contract compatibility and attracting more developers. Martini Market aims to capitalize on this momentum by providing a DeFi utility that is ready for both retail and institutional users.

The tokenomics of $MRT are designed to align holders with the platform's growth. With a capped supply of 10 million tokens, $MRT offers real utility through staking for rewards, governance power, and market creation. This structure ensures that holders are incentivized to contribute to the platform's success.

Participating in the presale offers early adopters the opportunity to acquire $MRT at the lowest prices before it is listed on major exchanges at a 30% higher rate. $MRT holders will have the ability to create markets on the Martini Market platform upon launch and will benefit from platform fees and staking rewards. Additionally, holders will have the power to vote on markets, earn fees, and guide the platform's expansion, giving them early influence over its development.

To participate in the presale, users need to buy XRP from exchanges, fund their Xaman Wallet, send XRP to the official presale address on martini.market, add the $MRT trustline via the link on the site, and watch for an airdrop of $MRT tokens at the end of the presale.

This moment is defined by three key themes: innovation, speed, and community control. The XRPL is entering a new phase of DeFi growth, and Martini Market's presale presents an opportunity to be part of a platform designed for insight and earning. For more information, users can connect with Martini Market through their website, Telegram, and Discord channels.