IMPT had one of the most successful presales during the crypto winter, and traders are now predicting that the token might increase 10x after launching on its first centralized exchange today, LBank.
The IMPT presale was one of the hottest discussed topics over the last week, causing it to attract a further $3 million in the final days of the presale. In total, the presale for the environmentally conscious platform managed to raise over $20 million.
With the presale finally over, traders expect massive price movements following the initial token listing.
IMPT Launches on LBank Exchange Following Token Claim
Following the success of the presale, IMPT finally launched on its first centralized exchange today, LBank. The token was listed on the exchange at 10 AM UTC with a roaring reception as traders eagerly anticipated the token listing.
🏆 This is our first centralized exchange listing!
— IMPT.io (@IMPT_token) December 14, 2022
Presale investors have been able to claim their tokens on the IMPT dashboard since Monday, December 12th – providing adequate preparation for the official launch on LBank today.
As soon as the token-claim dashboard went live, the IMPT team swiftly created a Uniswap pool for the token to prevent people from creating small liquidity pools often used to manipulate the token price. This is a common practice on the decentralized exchange, and trading has been open on Uniswap since December 12th.
Interestingly, investors were hesitant to make any sales on Uniswap during the period as they eagerly awaited the official launch of the token on the LBank exchange.
Are traders Expecting 10x Gains?
With IMPT now live on the market, analysts across the board are expecting enormous gains for the token – with some expecting 10x gains.
Assuming the initial listing price of $0.0253, a 10x gain from there would be $0.253. Of course, it might take some time to hit these levels, but judging from the current volume in the market, it might surprise investors how quickly this estimate could be achieved.
Furthermore, analysts cite previous hotly anticipated presale tokens as another reason for a 10x return. For example, Tamadoge launched earlier in the year and provided early-presale investors with over 1800% returns. Another token launched in the crypto bear market was IBAT, which provided returns of over 3000% for presale investors.
Crypto analysts across YouTube have weighed in with their own 10x predictions;
Why Is IMPT Receiving So Much Attention?
IMPT has received widespread recognition due to its environmentally conscious mission. The platform allows users to easily offset their carbon footprint by earning or purchasing carbon credits.
The carbon credits on IMPT are hosted as NFTs on the blockchain, making them transparent. This removes the prevalent problem of carbon credit fraud, such as double-counting, and provides transparency in the pricing of carbon credits.
Furthermore, IMPT continued to gain momentum after the team announced high-profile affiliates on its shopping platform, which allows users to earn carbon credits as cashback for everyday shopping.
World-famous brands have allocated a certain percentage margin of sales for projects that positively impact the environment, such as IMPT. When a user buys a product on the shopping platform, the sales margin is held as IMPT tokens until the user has enough to swap for a carbon credit. As a result, users can passively earn carbon credits and contribute positively to the environment without changing their habits.
⭐️ Attetion #IMPT Crew! ⭐️
We currently have in excess of 25k affiliate retailer brands, and we are increasing monthly at a rate of 20% through our affiliate retailer network. ♻️
— IMPT.io (@IMPT_token) October 17, 2022
Some of the affiliates named on the platform include Nike, Netflix, Amazon, Dyson, Dominos, Puma, The North Face, and River Island.
What’s Next For IMPT?
IMPT is now ready to continue getting the token listed on many exchanges. The next officially announced exchange is Changelly Pro, another centralized exchange that conducts over $1 billion in daily trading volume;
🚨 Exchange listing alert! 🚨
The exact date will be announced!
— IMPT.io (@IMPT_token) December 2, 2022
Following this, Denis Creighton, CEO of IMPT, recently stated in an AMA that the team is now pushing to deliver one exchange listing per month.
Adding further to the excitement, Creighton announced that the carbon marketplace is expected to go live on February 15th, 2023, and the shopping platform launching on April 2nd, 2023. In addition, the team expects to make significant exchange announcements around this period.
The team will release the UI/UX screenshots for the carbon marketplace in early January to get the community excited about the strong roadmap in 2023.