Battle Infinity IBAT Price Increases 446%, Listing on LBank Soon

The announcement that the Play-to-Earn metaverse games platform will be listed on the LBank exchange within the week has pushed the price of Battle Infinity (IBAT) up by 446%.

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Investors in the IBAT token, which is now available on the decentralized market Panacakeswap, learned the news from a Twitter tweet and promptly began to celebrate gains of up to 700% since the token’s listing.

The fact that Battle Infinity’s IBAT only listed on Pancakeswap two days ago, on Wednesday the 17th, makes the story that much more impressive. Earlier today, we reported that a consolidated listing on a single exchange was “coming in days,” but it really happened today.

India, where Polygon and the MATIC token were created, is home to Battle Infinity’s headquarters. It is home to a large and rapidly expanding tech-savvy population, including a highly aspirational middle class that has shown interest in and participation in crypto on varied levels due to the country’s reputation as a leader in software engineering.

The project has been covered extensively by the Indian press, national TV, and online media, and has even trended in the top 10 on the Twitter platform in India. If you look at Coinmarketcap’s rankings, you’ll see that LBank is the eighteenth largest exchange, with a 24-hour trading volume of almost $1 billion.

The Battle Infinity team has stated that they will soon be listed on data platforms like as Coinmarketcap and Coingecko. Given the very positive reaction from the cryptocurrency community, it’s safe to assume that this will be just the beginning of the coin’s listing on centralised exchanges (CEXs). More than 7,290 people have tokens at this time.

 

The pre-sale of Battle Infinity was a huge success,  launch party in New Delhi was packed with A-listers

In just 25 days during the presale, Battle Infinity was able to raise 16,530 BNB, and the demand has only increased since the ICO launched on the decentralized exchange.

On Wednesday, in New Delhi, a star-studded launch party celebrated the introduction of the token.

Urvashi Rautela, a former beauty queen of the Miss Universe pageant and current Bollywood actor, was present. The great Irfan Pathan, a cricket player, was a Muslim.

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The cost of an IBAT for use in the Battle Infinity game has increased by 446% before listed on LBank

Buyers of IBAT during the presale paid $0.0015, and the token is now trading on Pancakeswap at $0.0082, for a profit of 446%.

There are currently over 28,000 people in the project’s Telegram channel, which means it will soon have over 30,000 members, and over 22,000 people following the initiative on Twitter.

Positive attention is being paid to Battle Infinity as more market participants look for the next currencies to surge in value.

Indeed, Battle Infinity’s price performance today is in stark contrast to the rest of the market, as bellwether asset bitcoin has led the dips across the sector, declining 8.5% over the previous 24 hours.

People are already calling Battle Infinity the “next Axie Infinity,” but the developers are hoping to avoid the same pitfalls by focusing on fun, player-driven content rather than on token speculation and inflation.

 

The first Battle Infinity products to hit shelves will be Battle Stake and Battle Swap

Founder Suresh Joshi remarked earlier in the week, “Look out for more unexpected announcements over the coming hours and days,” because interest in Battle Infinity is skyrocketing right now and everyone wants to get in on the action, including some of India’s top superstars.

“The interest and reaction we have been getting from individuals all over the world, both in India and beyond the world, from IT entrepreneurs to cricket-obsessed sports fans, has completely blown me away – get it?

“Seriously, our IBAT Premier League platform will accommodate all sports, so if soccer or basketball is your thing, there will be a space for your passion in our Battle Arena metaverse.

Nonetheless, “right now we are targeting the implementation of our Battle Swap and Battle Stake products, so it won’t be too long before IBAT holders can get involved in putting their tokens to work, and start participating!”

 

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The LBank IBAT buying process

Buying the cryptocurrency is as simple as funding your LBank account and making a purchase with USDT, as LBank is a centralized exchange (Tether).

Trades on LBank are not subject to any kind of taxation, in contrast to the Pancakeswap exchange, where a 12% sales tax is applied.

LBank, headquartered in Hong Kong, is a rapidly expanding exchange with top-tier trade execution and extensive training materials.