- Binance Megadrop offers early access to Web3 projects, including Lista (LISTA), before they are listed on Binance.
- Nearly 80% of new tokens listed on Binance have lost value, according to a recent analysis.
Launched officially today, Binance Megadrop is a ground-breaking new token launch platform created to provide users with special Web3 chances.
Through this platform, users can finish activities in their Web3 Wallet or subscribe BNB to Locked Products to receive early access to prizes from particular Web3 projects before their tokens are launched on the Binance Exchange.
Details of the Megadrop Lista
Liquid staking and decentralized stablecoin protocol Lista (LISTA) is the second project to be highlighted on Binance Megadrop. One billion LISTA will be the maximum token supply of Lista.
Ten million LISTA tokens, or ten percent of the total token supply, will be given out as prizes for the Megadrop.
#Binance is excited to announce a new Megadrop project – Lista #LISTA!
Find out more ➡️ https://t.co/SIu3ZTFwsE#binancemegadrop #megadrop pic.twitter.com/28FJj8k8zu
— Binance Megadrop (@BinanceMegadrop) May 23, 2024
Twenty-three percent of the maximum token supply will be the initial circulating supply of Lista, or 230,000,000 LISTA. A thorough research report on Lista (LISTA) will also be accessible one hour after this release.
Know Binance Megadrop
More than simply another venue for launching tokens, Binance Megadrop. Offering a completely redesigned airdrop experience, it combines its Simple Earn with the Binance Web3 Wallet.
Offering early access to a few chosen Web3 projects, Megadrop bills itself as the most interactive platform available on Binance and in the larger cryptocurrency space. Compared to other token launch techniques, this one combines rewards, education, and involvement.
Current BNB Market Performance
As of right now, BNB is valued at about $613.81, down 1.21% in the previous day, according to CoinGecko. The token has, nevertheless, demonstrated a bullish trend over the last seven days, rising by 5.01%.
On the other hand, popular analyst Flow’s recent ETHNews piece focused on the performance of new token listings on Binance during the previous six months. After being listed, almost 80% of these tokens lost value, according to the report.
This emphasises the need for careful study and measured investments while taking part in new token launches.
Every one is talking about the VC + CEX cartel where teams are pushed to launch at the highest possible FDV on tier-1 CEX and provide exit liquidity for VC and insiders
The result: New coins are not great investment anymore
But how real is this? I crunched the number for you 👇
— flow (@tradetheflow_) May 17, 2024