9/7/2023 0 Comments Coin98 binance launchpadRegardless, Binance Launchpad token sales are still seeing huge demand and the tokens tend to perform quite well once they become available for trading – out of the 25 tokens that have launched on Binance, only two are trading below their token sale price.īinance Launchpool, on the other hand, is a platform where users can earn tokens simply through temporary staking. IEOs almost completely displaced ICOs, but the IEO model is now also fading in popularity as more and more projects choose to raise funds through initial DEX offerings and various on-chain token launch schemes. The platform was the catalyst behind the IEO (initial exchange offering) trend, where blockchain projects team up with exchanges to handle their token sales. TokoCrypto and My Neighbor Alice are up gained 31% and 15%, respectively.īinance Launchpad is a token sale platform that’s only accessible to BNB holders. Alien Worlds Trillium, which was featured on Binance Launchpool back in April, is up 24.5%. The Sandbox is up 30% in the last 24 hours, and the token is now close to hitting a 3-month price peak. It’s now trading at an effective all-time high (the token’s price was higher right after it got listed on Binance and was in the earliest stages of price discovery). The most drastic gains are being displayed by Automata Network’s ATA token, which has gained an immense 138% in the last day. While Coin98 is currently undergoing a price correction, other coins from Binance Launchpad and Launchpool are now surging, perhaps because traders are hoping for a repeat of what we saw from Coin98. The trend seems to have been kickstarted by Coin98, which surged from $3.20 to a peak of $6.32 in the space of about 28 hours. Several tokens that have been featured on Binance’s Launchpad and Launchpool platforms have seen big rallies recently.
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