Post
Topic
Board Altcoin Discussion
Re: TokoCrypto Launchpad What's about?
by
redwine49
on 14/04/2021, 14:34:02 UTC
Yeahh.... last launchpad IEO for tokocrypto 1bnb only get 7.5 tko.
Thats not alot consider there are 2 million bnb in the pole.
I though i can get 100-200 tko when i put 2 bnb

LOL, that would be impossible. People put all of their BNB, 2 BNB is nothing for launchpads. Everybody knows about launchpads, it's not 2020 anymore.

I don't know why some people complain about this launchpad, everybody made huge profit depending on their BNB investment.
it's not huge anymore. if 1 bnb get 7.5 tko then they only get around 2-5% profit of their BNB value.

Do you think the prices is overvalued? then what is the normal price in your opinion?
Toko token is in rank 266 based on coinmarketcap with 219M$ market capitulation.

Source https://coinmarketcap.com/currencies/tokocrypto/
It was overvalued at $10 on Binance 7 days ago but now around $2 for one TokoCrypto token, it is good. I am not considering it as an overvalued price.

Exchange tokens will have their season in the bull market. Tokocrypto exchanger will become big with supports from Binance. $2 for one good exchange token is not expensive. I believe it can claim the price $10 in the future but I was surprised when people bought it at $10 after the launch.

Launch pad is one of events to make noise and attract capital from exchanges and developers. They get benefit with high price and trading volume, fees.
$10 is too much even though it was only first 15 minutes in binance.
I think it's normal when new crypto has just been listed on the market especially big exchange like binance, that huge spike was created because not much liqudity at that time.