BlockBeats news, on September 21, according to official news, Binance Wallet opened its first BuildKey TGE project River on September 19, attracting $100 million in BNB deposits for participation in the subscription within 2 hours, setting a record for the highest fundraising in Binance Wallet IDO history; on the same day, after the pre-market trading opened, the $RIVER BuildKey price rose from $0.011 to $0.09 in 7 minutes, an increase of 800%.

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-listing markets to participate in trading.

On September 20th at 11 PM Singapore time, Bitget announced the opening of pre-trading for the $RIVER token, with trading volume exceeding $1 million within 12 hours, and expected daily trading volume can reach $3 million. The current pre-trading quote for RIVER is $3.8, representing an increase of up to 7600% compared to the Binance Wallet IDO price.

Historical projects of Bitget's pre-trading include WLFI, SAHARA, SIGN, etc., with an average daily trading volume between $200,000 and $600,000, indicating that the market's trading expectations for the first phase of the Binance Wallet new model have significantly increased.