Chain abstraction leader Particle Network will be on Binance Wallet IDO! Compared with the latest valuation, the arbitrage space may be the highest in history
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On March 20, Bedrock announced through Binance Wallet after the PancakeSwap TGE that it will launch the Particle Network TGE on March 25 Taiwan time in the same manner. It will sell 5% of tokens at a valuation of $25 million, benchmarking against the seed round valuation of $150 million two years ago, representing at least a six-fold profit potential. YZi Labs and Alibaba have both invested.
Particle Network is an infrastructure focused on chain abstraction, allowing users to create multi-chain universal accounts. Simply put, $PARTI serves as a universal gas token, enabling users to trade meme coins on Solana or BNB without holding BNB or SOL, instead paying gas fees with $PARTI. $PARTI can also function as a settlement and intermediary token for liquidity providers (LP) in Particle Network, participating in cross-chain exchanges and earning swap fees.
Recently, Particle's UniverseX feature has been enthusiastically promoted by many KOLs, allowing any token to be used as a gas token. For example, one could use $TRUMP from Solana to pay gas fees on BNB.
Particle Network's seed round valuation reached $150 million in 2023, followed by three additional funding rounds, with investors including Alibaba and YZi Labs, suggesting a valuation significantly higher than $150 million. This time, selling 5% of tokens for $1.25 million implies an IDO valuation of $25 million, representing over 6 times the seed round valuation. With the investment window open for only 1 hour, seizing the opportunity is crucial.
ABMedia has also compiled past PancakeSwap exclusive IDO data.
Risk Warning:
Cryptocurrency investments carry high risks, with potentially significant price volatility. You may lose your entire principal. Please carefully assess the risks.
BNB
3.17%
PARTI
22.51%
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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