Projects Released On Binance Gets High Returns
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Binance’s CEO and founder Changpeng Zhao or more commonly known as CZ in crypto circles has recently congratulated Binance Launchpad projects for their spectacular returns.
All of the projects at prices during the post have fetched more than 200% returns with two projects. BitTorrent (BTT) and Matic (MATIC), gaining as much as 887% and 720% respectively.
It seems that Binance Launch pad is leading the resurgence of investor interest on Altcoin investment in 2019 which started last February when Binance Launchpad conducted its first fund raising for BTT which sold out in just 15 minutes.
According to reports projects that are selected in the Binance Launchpad enjoy the support of Binance’s startup accelerator in which it gains direction, refinement, resources, Binance’s robust promotional muscle and benefit from the exchange reputations.
Reputation that it kept intact despite a recent security breach it has experience which saw it losing 7000 BTC at the time of the hack but was eventually covered by its SAFU program with no investor or trader losing their money.