The initial DEX offering of Battle Infinity (IBAT) on PancakeSwap saw a day one price spike to $0.011 after a presale price of $0.0015.
Successful Crypto IDO
Today’s IDO for IBAT may be one of the most well-performing crypto IDOs of the year considering its 700% gains in the middle of the 2022 bear market.
Bitcoin also dropped several percentage points before and during the launch, from $24k to almost $23k.
The listing price was $0.0024, significantly higher than the presale price due to expected high demand – the 90 day presale sold out 66 days early – and immediately pumped to $0.011 within the first ten minutes.
After a retracement IBAT stabilized and is now trading at around $0.006, up 400% from the presale price.
Via Unicrypt.network
Liquidity Locked
The Battle Infinity developers also announced that liquidity was locked, bringing in a second wave of buyers after the correction. That one year lockup reduces fears of a rug pull or dump.
The Battle Infinity Telegram chat has grown to over 25,500 members – gaining 3,000 new members in the past 24 hours.
For those that missed out on the Battle Infinity presale, see our top ten list of crypto presales for this year. The Battle Infinity team are also rumored to be in talks with LBank exchange for their first CEX listing.
Note – beware of fake IBAT token listings on PancakeSwap. The listing link is:
View the Battle Infinity price chart on PooCoin.
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