Traders Predict $20 Million Token IMPT might 10x After LBank Exchange Listing
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LBANK Exchange has officially listed IMPT, the native token of carbon credit marketplace and retail platform IMPT, which closed its presale on Monday after raising $20.5 million. LBANK is the first exchange to list the new altcoin, with support from Uniswap and Changelly Pro also confirmed, and more trading platforms likely to follow next year.
Given IMPT's promising fundamentals, it has a good chance of witnessing strong gains in the coming days and weeks, with the coin already proving attractive to ESG-minded investors. In fact, some traders are predicting that it could record 10x gains in the wake of its new listings, following in the footsteps of other successful presales this year.
The IMPT presale ended only two days ago, but it has already become a tradable coin, thanks to LBANK Exchange's support.
Looking at the IMPT trading page on LBANK, current data suggests that it has risen by over 240% since listing (as of writing). This bodes very well for the future of the altcoin, and makes it one of today's best-performing coins.
That the IMPT sale raised just over $20.5 was already a strong signal that it would perform well once it listed. But if this weren't enough, some traders are predicting big gains for the new token, with tenfold increases being a common forecast among YouTube analysts.
The predictions don't stop there, because more ambitious traders have set even bigger targets for IMPT, with a 1,000x increase being the largest we've seen so far.
Of course, such an increase would be a long-term target, but it nonetheless underlines the expectation that surrounds IMPT.
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