I agree. Like I said, with Binance handling the token sale on its launchpad platform is enough reason to exponential increase the pumpamenntals. The narrative on crypto twitter has changed now about Arkham. I believe their CEO held a space and explained a few things. The overall sentiments right now is bullish. For a team that reportedly raised over $150M prior to this launchpad sale, I expect the token to do a minimum of 5x from launchpad price.
Those projects have big money from their fund raising but using those funds wisely to develop their projects well after that is more challenging. When the hype goes away, if they can not have good tokenomics, good ideas to develop new products, their projects will be eliminated as cryptocurrency space is very harsh.
With those Launchpad projects, pay attention on their tokenomics and their token unlock schedules. Tokens will probably be dumped by investors who bought cheap tokens at different seed rounds.
https://vestlab.io/This is a very very risky statement, I hope you are careful. If you think that it will do a minimum of x5 after the launchpad, then you are going to invest heavily if you can, of course if you can reach it at the right time. But also remember that even if it goes up after the launch, then it could crash a lot with people taking their profit.
Remember that not everyone is in this for the long term, some people want to take that x5 profit and leave, which will crash the price and we are going to be hurt if you keep it long enough. I would suggest that if you really want to get involved with the launch, then you should get out after a while so that you are not holding it for too long and make a mistake of getting too greedy and lose.
Such tokens usually have pump and dump schemes and if investors or traders are not careful, they will stuck in a trap of pump and dump. Hold or buy more with pumps and panic or impatiently, disappointedly sell with dumps.
Many examples but I will use ICP (Internet Computer) with all time high more than $400 and now is just more than $4. This token has a classic pump and dump scheme so do Launchpad tokens.
https://coinmarketcap.com/currencies/internet-computer/