...I believe that IEO will last longer because it's capable of giving confidence to the audience, they have something to put their confidence on and that's top exchanges, look how profitable binance launchpads are over the few years, who would thought IEO could be this strong today? ...
The most profitable IEO on Binance was Sandbox (SAND), which brought its investors more than 1000% on the first day of trading on The exchange. But the last IEO Axie Infinity (AXS), which took place yesterday on the exchange, brought only 35% of the profit. It is possible that these figures show a decrease in investor interest in the Binance exchange IEO.