– ITTx’s Tranche 7 pre-sale was well-positioned to ride the crypto bull run in December and all 1 million tokens allocated were quickly snapped up at a price of $2.50/ITTx.
– The ITTx’s pre-sale price increase of 150% above its Tranche 1 pre-sale price reflected strong market demand that was in part driven by the crypto bull-run which saw Bitcoin’s price hitting all-time highs in December.
– Market confidence in Infinite Tech Global Limited’s strategic direction which places a heavy emphasis on developing the ITTx’s ecosystem to facilitate real-use cases and building of a large community of users was strengthened by recent news that traditional financial institutions are now taking the plunge and coming out with crypto-related services.
– A combination of market trends such as shifting perceptions on digital assets, the rise of DeFi and 2020’s epic crypto bull run as well as company specific developments such as continued innovation, improvement and expansion of partnership networks is likely to ensure sustained demand for the ITTx token.
The ITTx’s Tranche 7 pre-sale which saw the full 1 million tokens allocated sold at $2.50/ITTx took place in the midst of the December crypto bull-run, ensuring that it was able to fully capitalize on the positive market sentiment.
Market demand for the ITTx’s Tranche 7 was extremely robust, which was reflected in the ITTx’s pre-sale price rising by 150% above its Tranche 1 pre-sale price. This strong market demand was in part driven by the December crypto bull-run which saw Bitcoin prices breaking the $20,000 resistance and almost reaching $24,000 in the process, hitting all-time highs.
Additionally, market confidence in Infinite Tech Global Limited’s strategic direction which places a heavy emphasis on developing the ITTx’s ecosystem to facilitate real-use cases and building of a large community of users was strengthened by recent news that multiple traditional financial institutions such as DBS Bank and Standard Chartered Bank, are now taking the plunge and coming out with crypto-related services.
Traditional financial institutions and established multinationals such as payments giant PayPal joining a general shift toward digital assets provided strong vindication of Infinite Tech Global Limited’s long-term development strategy, which was a key factor in driving demand for the ITTx token.
With 2020 highly likely to be seen as a watershed moment for cryptocurrencies, a combination of market trends such as shifting perceptions on digital assets, the rise of DeFi and 2020’s epic crypto bull run as well as company specific developments such as continued innovation, product improvement and expansion of partnership networks is likely to ensure sustained demand for the ITTx token.
Media contact
Company: Infinite Tech Global
Contact: Stephen Waterson
Email: [email protected]
Website: https://www.infinite-tech.io
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