Via Twitter, the Maya Preferred 223 (MAPR) Team has announced that their forward split pricing of $250 a token will be concluded at the close of business on August 30, 2019. MAPR is currently traded on two crypto exchanges, FatBTC and Cat.ex, at 0.025 BTC per coin, which at press time comes to approximately $250.30.
Maya Preferred 223 was the first cryptocurrency to ever perform a split. Maya Preferred closed at $25,000 on July 31, 2019, and then, on August 1st, 2019, Maya Preferred opened at $250 per coin. After the maneuver, each Maya holder received 100 MAPRs for every 1 MAPR they held before or the equivalent in partial tokens. The reasoning behind the move was to provide the general public with the opportunity to buy 1,000,000 tokens at a frozen price.
On August 29, 2019, U.K. Financial Ltd., the company that owns Maya Preferred 223, announced the end of the split on their Twitter account, thereby closing the buying opportunity. Maya Preferred 223 will end the forward split program at the close of…