Battle Infinity’s Crypto IDO Increase 700% Compared to Its Pre-Sale Price

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Written by C, Fiona
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Last updated: 08/18/2022 01:54

Battle Infinity (IBAT) on PancakeSwap‘s DEX has a first-day price increase to $0.011 from a presale price of $0.0015.

 

IBAT price chart

Crypto IDO

Given that IBAT‘s IDO today has already returned 700% since its issuance in the midst of the 2022 bear market, it’s possible that it’s one of the best-performing crypto IDOs of the year.

The price of bitcoin fell from about $24k before the introduction to around $23k thereafter.

Due to the anticipated high demand, the listing price was set at $0.0024, which is much higher than the presale price (the 90 day presale sold out 66 days early), and was subsequently pumped to $0.011 inside the first 10 minutes.

Following a brief correction, IBAT has found a stable trading range between $0.006 and $0.008, an increase of 400% from the presale price.

Liquidity is Locked

Developers of Battle Infinity made the announcement that the game’s liquidity had been locked, which encouraged a second wave of investors to invest after the market correction. The terror of a rug pull or dump is mitigated by the one-year prison sentence.

Over the previous day, the Battle Infinity Telegram conversation has seen a 3% increase in membership, bringing the total to over 25,500 users.

See our top ten list of crypto presales for this year if you were too late to participate in the Battle Infinity presale. There have been rumors that the Battle Infinity team is in discussions with the LBank exchange about a possible CEX listing.

Be aware of suspicious listings for IBAT tokens on PancakeSwap.

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Please be aware that all investments involve risk, including the potential loss of part or all of your invested capital. Past performance is not indicative of future results. You should ensure that you fully understand the risks involved and consider seeking independent professional advice suited to your individual circumstances before making any decision.
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