Binance has launched Launchpool continuously in recent times, including ETHFI, ENA, SAGA, OMNI, REZ, NOT and most recently launched Megadrop with BB token.
There are many times when the old bet has not been farmed yet a new one is immediately available. Up to now, most projects have the same chart and have been continuously discharged since listing.
It seems investors find these Launchpools overvalued. The floor listing with such a high valuation resonates with Farm launchpool users, receiving air from the project, so the price is still decreasing.
Projects need time to develop, prices need time to accumulate to explode in the uptrend season. When whales, exchanges, projects and funds collect enough goods, there may be a price increase.
