Binance Launchpool, a possible earning opportunity?

[Bulltard]

different times, different market, different tokens and different investors's confidence in them as a result.

Certainly, this rule cannot apply to every project; they supposedly serve a different purpose, have different developers, etc. I'm just a little disappointed in the latest launchpool projects. I was used to making a decent amount of money through them, but at some point, their frequency was so high that before one project was over, another was announced.

renzo (rez): zero utility. so far it's a yield token meant to be sold.
omni: different. lots of utility, could be a very good hold but was launched at a way too high price when market was terrible. people dumped, that was to be expected.
BB (megadrop, not launchpool): price is rather normal. there's nothing on the chain and there are a looot of btc l2s launching. they're all the same. and these idiots thought it was a good idea to give 50% of the circulating supply to the people doing the megadrop.
saga: not a bad token but people don't know what it is. launched in bad market conditions too.

[Oneandpure]

I see. Unfortunately, I didn't sell some of the latest coins that I acquired through Launchpool, and now they've plummeted. I had noticed that a large number of projects surpassed the initial launch price a few days after they got listed, such as Cyber, ENA, SEI, and a few others that I don't currently recall, making me decide to hold these and not sell them the moment trading opened. Unfortunately, I'm at work when they're listed, so I might not always have the ability to be present the exact moment they're listed, and Notcoin was one of those that should have been dumped the second it was possible.

Some of laucnhpool coins on Binance increasing higher price after few weeks from listing, from ENA, Cyber and SEI coins increasing drastically but most of participants always selling on the early moment after listing. Yesterday, Notcoin success listing on Binance after launchpool ended but current price get decreasing but this coins dominance by community with large amount based on airdrop reward, difficult for predicting with potential will raise to higher price after one or two months later because around 70% of notcoin allocated for airdrop participants.

After Notcoin launchpool in Binance, any one has information when the next launchpool opening and will the next time luanchpool more profitable than notcoins?

[Ultegra134]

The past three projects (OMNI, REZ, and NOT) haven't been really fruitful compared to other projects, and it's also been a while since we've had a new one. Earnings from the launchpool have generally halted; my balance has remained almost the same for over a month or two, since the last few ones were complete flops that didn't return any significant gains. Fortunately on the other hand, some coins such as NOT or SAGA have marked decent gains the past 24 hours, so perhaps I'll manage to sell some of the coins I'm stuck with at a higher profit.

[trendcoin]

When I went back to cash while trading, I joined Launcpools with FDUSD and usually left happy. They usually gave better returns than interest rates. BNB participants have undoubtedly made much better gains. Also, in the medium term, the BNB price had a good momentum during the Launchpools period. Even when I was holding FDUSD and only participated in a few of them, I left happy, I'm sure they left much happier. Also, thank you OP for preparing such a table...

[Godday]

I love Lauchpool. And I often use Binance Launchpool to earn extra income. I earn a few dollars from my signature campaign on the bounty thread and I usually deposit it to binance. Launchpool really helps me because I can get money for my daily needs and I still have my assets. I have participated in several projects on laucnhpool and at least I was able to earn a few hundred dollars without having to wait for the price to rise higher to take advantage.

[Ultegra134]

It's been a while since we had a Launchpool project; finally, some good news! For some reason, I've not been receiving Launchpool updates till the very last minute, so I apologize for the delayed update. A few hours ago, I received an email announcing the 55th project, IO.NET (IO), "a decentralized AI computing & cloud platform." Farming has already opened as we speak and will remain for 4 days. It will then be listed for trading on 11/06/2024 at 12:00 UTC. 

What do you think of this new project? What are your expectations? I prefer to lay low and not get too excited because my expectations fell short the previous time with Notcoin.

[Ultegra134]

IO.NET was listed today at 12:00 UTC, confirming some speculation articles I read regarding its price, which was expected to range from $4 to $5. Its initial price was pumped up to $5.80 and quickly plummeted down to approximately $4.5. I was so busy at work that I missed the high starting price, but I highly doubt many are able to sell at that price; everything happens in a blink of an eye.

I accumulated approximately 5 coins, which are worth about $20 as we speak—not too bad but not too great either. I'll hold these coins for a while, and I believe there will be a selling opportunity in the near future.

[JeffBrad12]

I love Lauchpool. And I often use Binance Launchpool to earn extra income. I earn a few dollars from my signature campaign on the bounty thread and I usually deposit it to binance. Launchpool really helps me because I can get money for my daily needs and I still have my assets. I have participated in several projects on laucnhpool and at least I was able to earn a few hundred dollars without having to wait for the price to rise higher to take advantage.

The launchpool is only for whales, but even small shrimp can earn pennies by participating on it. As you can see, if Launchpool employed the fair distribution approach. The higher your stake, the more tokens you receive. I have stopped playing on Binance Launch Pad since it is not worth the time.
I would prefer to participate in the launch on a different exchange site. Less users engaged, less money was invested to farming the tokens, and I was able to obtain more tokens than simply participating in the Binance launchpool with very low probability to get decent amounts of tokens. If you were simply betting pennies on the binance launch pool.
How can you meet your daily needs? I meant it wasn't even worth the time. Even those who participated with tens of thousands of dollars received only two digits. You're not joking, right?
So, how much are you staking on launchpool? lol.

[Ultegra134]

The launchpool is only for whales, but even small shrimp can earn pennies by participating on it. As you can see, if Launchpool employed the fair distribution approach. The higher your stake, the more tokens you receive. I have stopped playing on Binance Launch Pad since it is not worth the time.
I would prefer to participate in the launch on a different exchange site. Less users engaged, less money was invested to farming the tokens, and I was able to obtain more tokens than simply participating in the Binance launchpool with very low probability to get decent amounts of tokens. If you were simply betting pennies on the binance launch pool.
How can you meet your daily needs? I meant it wasn't even worth the time. Even those who participated with tens of thousands of dollars received only two digits. You're not joking, right?
So, how much are you staking on launchpool? lol.

Am I missing something here? That's exactly how the lauchpool works, the more money you allocate to farming, the greater the reward, especially if you're using BNB which now accounts for 85% of the total distribution. Where else were you farming that it's yielding higher rewards than Binance? I'm having a hard time believing tha you were farming with over $10,000 worth of coins and only received two digits, because the majority of projects returned more than $40 to $50, with way less than $5,000.

[Reatim]

Am I missing something here? That's exactly how the lauchpool works, the more money you allocate to farming, the greater the reward, especially if you're using BNB which now accounts for 85% of the total distribution. Where else were you farming that it's yielding higher rewards than Binance? I'm having a hard time believing tha you were farming with over $10,000 worth of coins and only received two digits, because the majority of projects returned more than $40 to $50, with way less than $5,000.

The higher your investment is in, the higher the profit but it is indeed possible that you earn a little less than what you have invested. This is caused by the performance of the token itself and how it fluctuates. Generally, the market sentiment also plays a part in the rewards you get

However investing that huge amount of money and only rewarded by a very little amount seems unrealistic especially if you are using a platform that of Binance.

[JeffBrad12]

The launchpool is only for whales, but even small shrimp can earn pennies by participating on it. As you can see, if Launchpool employed the fair distribution approach. The higher your stake, the more tokens you receive. I have stopped playing on Binance Launch Pad since it is not worth the time.
I would prefer to participate in the launch on a different exchange site. Less users engaged, less money was invested to farming the tokens, and I was able to obtain more tokens than simply participating in the Binance launchpool with very low probability to get decent amounts of tokens. If you were simply betting pennies on the binance launch pool.
How can you meet your daily needs? I meant it wasn't even worth the time. Even those who participated with tens of thousands of dollars received only two digits. You're not joking, right?
So, how much are you staking on launchpool? lol.

Am I missing something here? That's exactly how the lauchpool works, the more money you allocate to farming, the greater the reward, especially if you're using BNB which now accounts for 85% of the total distribution. Where else were you farming that it's yielding higher rewards than Binance? I'm having a hard time believing tha you were farming with over $10,000 worth of coins and only received two digits, because the majority of projects returned more than $40 to $50, with way less than $5,000.

Bitget? Bybit? Sometimes, okx offers good yield too. The thing i do like from binance is Web 3 airdrop and megadrop. I'd rather than pick launchpad or launchpool in another exchange site with fewer people commit to join in.

I remember i was also doing launchpool for notcoin on okx and binance. okx gave me greater yield than binance. Just because binance big and it doesn't mean it's always offering good yield.

This is my 2 cents.