Post
Topic
Board Altcoin Discussion
Re: Binance Launchpool, a possible earning opportunity?
by
nelson4lov
on 24/01/2024, 22:57:56 UTC
Altlayer (ALT) will be listed in less than 24 hours, tomorrow, April 25th, at 10:00 UTC. From a prediction I read, I don't recall where its price is expected to range from $0.15 to $0.30. We'll see how it progresses soon enough. Kudos to any Manta holders out there, as it's currently one of the highest performing coins on Binance, with a 26% positive change in price in the last 24 hours, trending at over $3 per coin. Considering the 2-day farming period during which Manta was available, its yields were quite impressive, as its price has jumped in an extremely short period since it was listed.

I didn't participate in the manta farm so I have very little knowledge about how much the rewards were but I have participated in the AltLayer bit and so far so good — BnB and FdUSD that are the two assets used in farming $ALT are down horrendously (even more surprising is that FDUSD depeg). The only way farmers of the AltLayer launchpool can break even is if the price of ALT debuts around 0.45 to 0.8 or possibly $1.