Hello and Namaste Everyone,
Recently we have see in one of the NFT project getting added to the launch pool on Binance cryptocurrency exchange. Usually the project that gets listed on the exchange for the launched full gets more market hype. Usually the exchange listing is not that is it seems because some projects are struggling to get listed on will known exchanges. Launch pool is one of the method that can help the projects to get listed on the exchange however exchange does not guarantee anything.
I have tried all these projects that got listed to the launch pool and so far this ratio is 100%. What I am trying to say is that every project that caught the launch pool listing also get listing on the exchange. Even though this is not guaranteed but also looks like this situation is in the favour of projects because exchange is listing all the coins.
This is good for the exchange because if they go through the launch pool then listing is almost confirm for them because so far this has never happened when the project was not listed on the exchange. The last project which was called nfp as also listed today on the exchange and the price is more than one dollar.
Whoever participated on the farming event must be happy because they got some tokens for the participation and now they can sell it and Book profit in the market. You never know what the price will be in future for this coin so if you book the profit now it can be good and if you hold and price appreciate then it can be even better for the holders.
Some coins get good value after the listing and some don't so it is risky part I think and we need to be careful with their we want to hold a sell of whatever price is there in the market. I am not a participate but I like tracking these type of projects and see how they work in the market so you can say it is my area of interest and I like sharing the updates whatever I get through the website and social updates.
Thank you so much
Stay Safe