Inventory of Bitget Launchpad's "New Listing" Account - A Win-Win Feast of BGB + Token

Author: Luojia Micro

It is said that this year's Bitget Launchpad is the most reliable "wool" to harvest, with each project launched showing higher gains than the last. However, for ordinary users, it seems a bit unrealistic to expect to sell these coins at a high price after being lucky enough to win a spot. So today, let's review the new listing on Bitget Launchpad and see how much users can earn at a minimum.

BGB Returns

The gameplay of Launchpad is quite similar across the industry, but it mainly revolves around staking various platform tokens. The more you stake, the higher the chances of winning or being allocated project tokens. Taking Bitget's latest Launchpad TonUP as an example, the minimum investment is 50 BGB, and the more you invest, the more you are allocated, with a personal redemption cap of 7500 UP.

Therefore, for participating users, they can potentially earn two types of returns: the appreciation of BGB after buying / holding + the appreciation of the token after winning a spot.

This round of TonUP was announced on December 15, when the price of BGB was around $0.5. After the announcement, the price of BGB started to rise (due to a large number of users participating in the "new listing," leading to a rush to buy BGB). As of now, the price of BGB has reached around $0.65, and on December 19, BGB even set a new ATH of $0.7 for the seventh time this year.

To be fair, we will not consider the highest price of $0.7; from 0.5 to 0.65, a 30% increase, even if users ultimately do not win the UP token, just buying/holding BGB can yield a 30% return.

Returns from Launchpad Projects

This round of UP has not yet launched, so we cannot know the situation after winning a spot, but we can glean some insights from this year's Bitget Launchpad projects. According to ChainCatcher data, since the launch of Bitget Launchpad, from PandaFarm (BBO) to the last T2T2, the highest return rate has been over 25 times, creating an astonishing wealth effect for ordinary users. As of the end of November, CryptoRank announced that Bitget ranked first in the top ten platform Launchpads of 2023 with an ATH Average ROI of 41.9 times.

It should be noted that the return on investment (ROI) here refers solely to the returns brought by the project token, excluding the appreciation of BGB. In other words, as long as you win a spot, the average maximum return from the token will be higher than the returns from holding BGB. The more you invest in BGB, the greater the chance of winning a spot, and the higher the return you can achieve.

Of course, this is not without risks. In fact, Launchpad is not unique to Bitget; various trading platforms periodically launch some Launchpad projects, but the situations differ. Due to the bear market for most of this year, even risk-free arbitrage IEOs have struggled, for example, Gate's Launchpad, which launched 57 projects this year, but overall returns were mediocre, with some projects ultimately ending below their launch price, leading to lower user participation and negatively impacting the trading platform's reputation.

Most of the projects launched on Bitget's Launchpad this year have performed well, with some even achieving hundredfold returns. This is not only due to their strict project selection but also because Bitget's listing strategy is quite unique, allowing them to keep pace with market trends. Recently, with the explosion of inscriptions, Bitget has also laid out plans in this sector early on.

Additionally, BGB has set new highs seven times this year, starting at just $0.18 on January 1. In less than a year, its price has increased by 282.8%. In other words, even if you do not participate in any Launchpad, just holding the BGB token has already yielded significant returns.

Conclusion

Overall, whether investors participate in Bitget Launchpad projects or hold BGB tokens, the returns are not only high but also stable. Currently, the market is in the early stages of transitioning from a bear market to a bull market, and it is worth considering investing in platform tokens that have performed well during the bear market, are on an upward trend, and can provide multiple expected returns. Such platform tokens often have greater upward potential and imaginative space when a bull market arrives. By reasonably allocating assets and choosing promising platform tokens for investment, one can not only reduce investment risks but also achieve better investment returns.