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Analysts evaluated the success of Binance Launchpool startups
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Analysts evaluated the success of Binance Launchpool startups

Jun 12, 2024

Researchers from CryptoDiffer analyzed the latest projects launched through the Binance Launchpool platform. According to them, the projects have shown impressive results, attracting the attention of investors and analysts. In April and May of this year, Binance introduced several new startups, such as Omni, Renzo, Notcoin, and io.net. Each of these cryptocurrencies has shown significant price growth since listing.

Omni, which was listed on April 17, attracted considerable attention. The initial market cap on Launchpool was around $50.9 million. The current token price is $14.54, and OMNI's market capitalization has reached $151 million, with a fully diluted valuation of $1.45 billion.

Renzo, launched on April 30, also showed good results. REZ's market capitalization reached $152 million, with a diluted valuation of $1.32 billion. These figures highlight the project's success and its potential for further growth.

The token Notcoin, listed on May 16, attracted significant attention with an initial market cap of $50.2 million on Launchpool. The current price of NOT is $0.0163, and the total asset supply has reached $1.67 million, with all tokens in circulation.

Finally, io.net, launched on June 11, demonstrated significant growth. The current price of IO is $3.81, and the market capitalization has reached $362 million, with a fully diluted valuation of $1.91 billion.

All four projects have shown substantial price growth since listing, highlighting the success of Binance Launchpool in attracting investor attention and trust. The platform continues to support promising startups and facilitate their development. Analysts recommend closely monitoring the development of these cryptocurrencies, as they have the potential for further growth.

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