Coinlist restarts the "auction" feature after four years, allowing the market to determine the token sale price.

ChainCatcher news, Coinlist announced on X the restart of the auction feature. Unlike traditional fixed-price public sales, auctions allow the market to determine the final token sale price.

Coinlist further stated that auctions are not a new model for the platform, as it conducted three auction sales in 2020: Solana (sale price of $0.22), Flow (sale price of $0.38), and Celo (sale price of $1).