Summary
TLDR: Pre-market trading price of cross-chain gaming token Portal (PORTAL) has increased ahead of its listing on Binance, with trading on Whales Market totaling over $5.3 million. The current price is $2.85 per token, putting the estimated market cap at about $476 million. Binance is holding a Launchpool campaign with 50 million PORTAL tokens up for grabs. Portal aims to connect crypto games across various chains and has prominent advisors including Rockstar Games co-founder Jamie King.
Key Points
1. The pre-market trading price of cross-chain gaming token Portal (PORTAL) has steadily grown in recent days ahead of Thursday’s announced listing on Binance, validating substantial demand for the long-awaited launch.
2. Pre-market PORTAL trading on Whales Market has tallied over $5.3 million since last week, with a current price of $2.85 per token, gradually climbing from $2.00 per token on Friday.
3. The estimated price would put the market cap of PORTAL at about $476 million, placing it in the top 200 cryptocurrencies by market cap, above the newly launched PIXEL token for Ronin farming game Pixels, which has a nearly $426 million market cap as of this writing.