Uxlink, the world's largest web3 social platform, experienced a notable price fluctuation during its launch on july 18, 2024. initially, the token surged by 120% in the pre-market trading phase, reaching a peak price of 0.59 usdt by 8:04 am. this rapid increase reflected high demand and interest in the uxlink project. shortly after, its price corrected and stabilized around 0.23 usdt by 9:00 am.

several factors contributed to this fluctuation:
- launch hype: with uxlink being widely anticipated, many investors rushed to buy the token, inflating its price.
- market corrections: after the initial surge, investors likely took profits, causing the price to drop.
- supply and demand dynamics: the balance between available tokens and market interest impacted the price.

in summary, uxlink's launch day saw significant price swings due to a mix of investor enthusiasm, market corrections, and supply-demand factors impacting the new token in the cryptocurrency market stage.