An in-depth analysis by Coin98 delved into the profitability of each Binance Launchpool project to determine the most profitable tokens for staking.
Since 2020, there have been 51 projects listed on Binance Launchpool and 4 on Binance Launchpad, showing steady growth over the years. Notably, 12 projects were listed within the first four months of 2024.
The sectors of projects listed on Binance Launchpool have evolved over the years, with a shift from DeFi in 2020 to various sectors like Gaming, Fan Token, Infrastructure, Layer 1, and AI in subsequent years.
Sectors that have garnered significant attention since the beginning of 2023 include Gaming, Infrastructure, restaking, and Artificial Intelligence.
The average Farm Period from 2020 to late 2023 was 30 days, but from December 2023 onwards, the period has reduced to 2-10 days. Only 3 pools have been present in the Binance Launchpool since 2023: BNB Pool, FUSD Pool, and TUSD Pool, with the BNB Pool being the preferred choice among investors.
Investing in the BNB pool offers a potential for double profit, as it can yield returns from both token allocation and price increase of BNB.
To determine the average profit per participant with a $1000 investment in each pool, data on project names, farming end date, duration, and profit per $1000 from each pool was evaluated for various projects such as Xai, Sui, Memecoin, and more.
It is important to note that this information does not constitute investment advice.
