River attracts $100 million BNB in 2 hours, setting a historical record, with the pre-listing price on Bitget experiencing a 7600% surge compared to the Binance Wallet IDO price

BlockBeats News, September 21st. According to official sources, the first BuildKey TGE project River, which opened on Binance Wallet on September 19th, attracted $1 billion worth of BNB deposits for subscription within 2 hours, setting a new fundraising record in Binance Wallet IDO history. On the same day, after market trading opened before the market, the $RIVER BuildKey price surged from $0.011 to $0.09 within 7 minutes, an 800% increase.

Due to Aspecta setting a pre-market trading price cap, some trading demand could not be fully released in that market, so some users chose to turn to other pre-listed markets to participate in trading.

At 11 p.m. Singapore time on September 20th, Bitget promptly announced the opening of $RIVER token pre-market trading, with a trading volume exceeding $1 million within 12 hours, and expected daily trading volume could reach $3 million. The current RIVER pre-market price is $3.8, representing a staggering 7600% increase compared to the Binance Wallet IDO price.

Historical projects in Bitget's pre-market trading, such as WLFI, SAHARA, SIGN, etc., have an average daily trading volume ranging from $200,000 to $600,000. This significant increase in market trading expectations for the first phase of the Binance Wallet's new model is evident.