MEXC offers PRE at ~$130

MEXC opened a second subscription round for its SPACEX (PRE) Launchpad on June 1, offering the token at 130 USDT and keeping the sale open until June 5 at 08:00 UTC, according to the exchange’s event page and announcement. (mexc.com) MEXC described SPACEX (PRE) as a “mirror credits” product tied to SpaceX’s market value before and after any listing, rather than an equity share in the company. (mexc.com) The exchange said the second phase expanded allocation size and increased the discount for users who missed the first round. Social-media posts on X circulated the offer again on June 3, comparing the Launchpad price with higher market levels. ### What exactly is MEXC selling at 130 USDT? MEXC’s Launchpad page says SPACEX (PRE) is an “asset certificate” in the form of MEXC Mirror Credits designed to mirror SpaceX’s market value before and after a potential IPO. The page says the Phase 2 subscription price is 130 USDT, with separate pools for users subscribing in USDT and USD1. MEXC’s June 1 announcement said the Phase 2 pool totals 53,800 SPACEX (PRE), valued at $7 million, and called the offer a 30% discount. (mexc.com) The exchange said the event was structured as a Launchpad subscription rather than a spot-market purchase. ### Why were traders comparing it with prices near 160 to 180 USDT? MEXC’s live Launchpad page showed a market price of 161.64 USDT when it was crawled today, alongside the 130 USDT subscription price. (mexc.com) That gap is the basis for posts describing the Phase 2 entry as discounted versus prevailing market levels. X posts cited in the social briefing described the comparison more aggressively, with some users pointing to prices “near $180.” The verified exchange materials available in research support a discount versus MEXC’s displayed market reference price, but not every higher social-media price point independently. (mexc.com) ### What did MEXC say about the first round? MEXC said more than 38,000 users participated in Phase 1, with actual subscription volume above 56 million USDT and peak oversubscription of 15.5 times. (mexc.com) The exchange said those results led it to reopen the product with a larger allocation and steeper discount. A prior MEXC announcement for the first Launchpad round listed a subscription price of $650 and a total supply of 7,700 SPACEX (PRE). Social posts on June 3 referenced gains of about 40% from that earlier round, and MEXC’s later statements about strong Phase 1 performance align with the broader claim that the first event drew heavy demand. (mexc.com) ### Is the “$260 to about $360” example official? An X user, HellRider070, posted a real-money example saying $260 could translate to about $360 in value, based on two tokens bought at 130 USDT and compared with a higher market level. (mexc.com) That example appeared in social circulation on June 3, but it is not language used in MEXC’s official announcement. MEXC’s own materials describe the product mechanics, the discount, the allocation and the timing, but they do not guarantee profit. (mexc.com) The exchange directs users to the event page for full participation rules. ### When does this phase end, and where is the next step? June 5 at 08:00 UTC is the deadline MEXC gave for the Phase 2 subscription window. The next concrete step for participants is the official SPACEX (PRE) Launchpad page on MEXC, which lists the pools, limits and live event status. (mexc.com 1) (mexc.com 2)