The rising IBAT value can be attributed to the impending listing of Battle Infinity on the LBank exchange. The Battle Infinity gaming platform features a number of different “Pay to win” (P2E) combat games. The IBAT Battle Arena is a Metaverse setting into which all games can be played.
In addition to playing video games and engaging in battles, players in the Battle Infinity realm can explore the expansive Metaverse. In the Battle Arena, they can interact with one another in a variety of ways, including performing for, watching, and learning about one another. IBAT is rising in popularity as a practical cryptocurrency. On Wednesdays at 16:00 UTC, this token was available for purchase on PancakeSwap.
Those who missed out on the presale will have another opportunity to buy tokens on August 17th. Token holders stand to gain 10x if IBAT launches on PancakeSwap.
In spite of the bearish market, the token’s pre-IDO initial dex offering (IDO) price increased by nearly 700%, from $0.0015 to $0.011. That makes it a top performer among crypto IDOs this year. These are early pre-sale reactions, so it’s possible that opinions will change. The designers also revealed a limit on liquidity.
Once the Battle Infinity team announced that IBAT would be featured on data services like Coingecko and Coinmarketcap, the token’s value skyrocketed.
The recent news from LBank states that IBAT (Battle Infinity) will be listed on LBANK very shortly. LBank has a daily trading volume of over $1 billion, making it the eighteenth busiest cryptocurrency exchange, per Coinmarketcap. At present time, there are more than 7,290 token holders.
Because of the enthusiastic response from the cryptocurrency community, this listing on a controlled exchange (CEX) is likely to be the first of many.
Urvashi Rautela, a former Miss Universe and current Bollywood actress, was present at Battle Infinity, ensuring that the event will be widely discussed for some time to come. Supporting the coin was the fact that the legendary Irfan Pathan played cricket for the Indian national team.
It only took the Battle Infinity presale 25 days to raise 16,530 BNB, and since the ICO, the demand for the coin on the decentralized market has only grown. On Wednesday, the token was released formally at a fancy launch ceremony in New Delhi attended by celebrities.
Here are a few of the reasons why IBAT is so appealing to traders and investors.
The IBAT presale raised $5 million in BNB token sales 66 days ahead of schedule. The second allocation sold out in less than 24 hours during the presale.
In addition, IBAT has assembled a hard-charging advertising team to promote the token’s adoption. The same advertising agency has also been responsible for the success of items like Lucky Block.
Battle Infinity has a good shot at beating Lucky Block’s record of 90 times as much as the team’s marketing efforts thanks to its fresh take and clearly laid out roadmap.
Since LBank is a controlled exchange, all you need to do to buy the cryptocurrency is log into your LBank account and pay for the transaction with Tether (USDT). When making a purchase on the Pancakeswap exchange, a 12% sales tax is applied, however when using LBank, you pay no fees and no taxes.
As a rapidly growing Hong Kong-based exchange, LBank provides its customers with top-notch trade execution and detailed educational resources.
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