Binance Launchpad, the token launch platform of Binance, conducted a sale of TRON’s BitTorrent tokens (BTT) on Jan. 28th., with tokens selling out in less than 15 minutes. Almost 60 billion tokens were sold, raising a total of $7 million. According to Binance, the sale had “astronomical” demand.
Despite the ongoing cryptocurrency bear market, a newly launched token (BTT) managed to exceed expectations. The sale was announced on Jan 18th., with Binance saying that it would be exclusively offering TRON’s tokens on Binance Launchpad.