Conor McGregor Unveils REAL Memecoin Through Sealed-Bid Auction

YEREVAN (CoinChapter.com) — Conor McGregor launched the REAL memecoin on April 5, using a sealed-bid auction format instead of a typical token launch. The auction continues until April 6. The memecoin launch was carried out in partnership with the Real World Gaming DAO.

The auction aims to block bots and snipers from manipulating the process. McGregor’s team said the sealed-bid auction ensures fairness. Each participant places a hidden bid, unseen by others until the auction ends.

REAL token holders will receive staking rewards and governance rights. These functions are built into the token to allow broader involvement in the project.

Sealed-Bid Auction Blocks Bots and Ensures Fair Launch

The sealed-bid auction method was chosen to reduce manipulation. Many memecoin launches have been targeted by bots, resulting in unfair token distribution. This approach hides each bid until the deadline, limiting front-running.

The project was developed by the Real World Gaming DAO. The token’s initial allocation chart was published, but no full figures were provided. However, the image shows breakdowns of different token categories.

In a statement McGregor said:

“This is not some celebrity-endorsed… token, it is a REAL… that will change the crypto ecosystem as well as make REAL change in the world… The sealed-bid auction is the new way of launching a token to prevent rug pulls and snipers… This is about transparency — we are showing the world how it is done with integrity.”

REAL Token Offers Staking and Governance for Holders

The REAL token provides staking rewards and governance tools to its users. These allow token holders to earn from staking and participate in the decision-making process of the DAO.

The Real World Gaming DAO is managing the technical side of the project. The group said the model is built to allow wider community involvement. However, no specific reward rate or governance structure was shared.

Staking and governance mechanisms are common in blockchain projects. The team did not disclose how long staking rewards will last or how voting proposals will be handled. The broader memecoin market continues to draw attention, despite previous claims that the trend has peaked. Traders still move in and out of tokens quickly, using memecoins as short-term instruments.

Nansen analyst Nicolai Sondergaard told  that many experienced traders view memecoins as a temporary strategy while the broader market stays uncertain. He said they are using it as a short-term move rather than a long-term investment. This activity keeps memecoins in circulation even when major coins like Bitcoin stay stable. According to Sondergaard, these traders react fast and often exit within hours.

Market Pressure Increases as Tariffs Impact Risk Assets

Global trade tensions have created a challenging environment for risk assets. Recent tariff orders issued by U.S. President Donald Trump caused large market declines. U.S. stocks lost $5 trillion in value in a single day, surpassing the entire crypto market capitalization.

Investors are shifting money away from volatile sectors. As a result, many are placing funds in safer assets.

Despite the broader market pressure, Bitcoin has held its position above $80,000. Data from TradingView shows that Bitcoin’s price has remained firm while the overall crypto market capitalization fluctuates.