Data: Over 10.18 million BNB coins are invested in Binance Launchpad's Arkham special event.
According to official information on the Odaily website, as of the closing of the Binance Launchpad Arkham investment channel, a total of 114,454 users participated in the investment, with a total investment of 10,182,983.2626 BNB, which is 990 times the total amount of this Launchpad. Among them, 3 users reached or exceeded their personal hard cap, and they were allocated 300,000 ARKM tokens. The tokens exceeding the hard cap have been distributed to users who did not reach their personal hard cap.
In addition, Binance will implement a limit price mechanism within the first five minutes of trading. During this period, the maximum price increase limit will be set to ten times the public offering price. Taking ARKM as an example, the price increase limit will be set to ten times the $0.05, which is $0.5. The limit price mechanism will be lifted after five minutes, and trading will proceed normally according to market conditions. Binance stated that this limit price mechanism is a trial measure and will be implemented in the initial phase for ARKM, and it does not represent that this mechanism will be applied to all Launchpad projects in the future.