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Lazio Token Sale on Binance Launchpad Made 2,450% ROI After Binance Listing

source-logo  coincodex.com 21 October 2021 14:59, UTC

Key highlights:

  • Lazio Fan Token (LAZIO) was the latest token to have been launched via Binance’s IEO Launchpad platform
  • The initial sale price of LAZIO was set at $1 per coin, with 10% of the token’s total supply reserved for the public sale
  • LAZIO is the 22nd project featured on Binance Launchpad

LAZIO jumps to 24x its initial token sale price moments after Binance listing

Lazio Fan Token is now available for trade on Binance after the LAZIO IEO successfully ended just a few hours ago. LAZIO did more than $300 million of trading volume in the opening hours and came close to surpassing the $1 billion market cap value.

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Lazio Fan Token came to fruition thanks to a successful collaboration between the Italian soccer club S.S. Lazio and the Binance cryptocurrency exchange. LAZIO token holders will be eligible to participate in exclusive promotion held by one of the oldest Italian soccer clubs. Special perks include unique digital collectibles in the form of non-fungible tokens (NFTs), signed merchandise, and various community events. LAZIO is a BEP-20 token and a native asset of the Binance Smart Chain.

Until now, the price of LAZIO was mostly driven by extremely bullish market behavior. At press time, LAZIO is exchanging hands at approximately $22.5, up more than 22x compared to its token sale value of $1. The LAZIO token listing came at an opportune time as the overall sentiment in the cryptocurrency market is overwhelmingly positive. Bitcoin reached a new ATH less than 24 hours ago, while the cumulative value of digital assets reached a new peak of $2.65 trillion.

Historically, projects launched via Binance Launchpad have enjoyed exceptional market success. Click here, for a complete list of tokens launched on Binance. Here’s a list of the most recent five tokens that were featured on Binance Launchpad and their respective ROI exprpressed in USD:

Project ROI (in USD)
Lazio Fan Token 22x
Beta Finance 35x
Coin98 49x
Axie Infinity 1,278x
Injective Protocol 33x

*Data from October 21, 2021 at approximately 14:00 UTC

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