So,,, did anyone manage to participate in this binance launchpad sale? How did it go? Is the rumors shared that NOBODY could participate true? Sounds really fishy and unfair to me, that you launch something like this and the normal people cannot even buy a single token. This is all manipulation so that when it goes for public listing, the small guys are screwed.
It's one shady happening with how Binance has worked out this scheme structure. It prioritizes a small number of individuals and makes the majority of the people who are super desperate wait till the sale is over.
It means that whenever the coin becomes tradable, there are tens of thousands of people waiting to get in, and these are the people the privileged early birds will end up dumping on. It's a low life way of creating liquidity.
I had a lot of respect for Binance in the past, and still do to a certain degree, but it's fading quickly with how they are not only acting very shady, but this takes demand away from platforms such as Ethereum.