The Battle Infinity bulls are enthusiastic about the project since it launched and are keen to see the project grow as much as possible.
As the P2E gaming ecosystem is being built in anticipation of the alpha version and the launch of the merchandise store, the community is speculating about the token price—many think that IBAT should rise significantly to represent the influence the project is having on India’s P2E landscape.
Battle Infinity is now listed on Pancakeswap
Battle Infinity listed on Pancakeswap yesterday at 6pm UTC, and since then has almost trebled in price and clocked in over $7m in volume.
The team provided 380m IBAT and 2,900 BNB for initial liquidity before locking it on Unicrypt shortly after.
16,500 BNB was raised in the presale
Certainly, the IBAT team is well-funded enough to produce a brilliant game, given how much they raised in the presale. 16,500 BNB was raised in only 25 days, when the presale was initially scheduled to last for three months.
At the presale, 28% of the total supply was sold according to the the tokenomics.
12% sales tax to prevent selling
Battle Infinity’s 12% tax on sales is designed to incentivise the community not to think short term and not to trade the token.
Holders of IBAT are incentivised to think long term about their holdings, as the 12% tax on sales will heavily penalise anyone who is investing myopically.
Battle Infinity bulls target 10x to $0.025
Some of the most bullish in Battle Infinity’s community Discord are targeting a 10x after the listing, which would bring the market cap to $250m.
Although the price did wick up to $0.011, we are yet to see any candles close above $0.065.
It remains to be seen how the project will perform over the next few weeks and months, but the team is large, well-funded, and they have an ambitious roadmap to roll out.
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