Few days ago I posted about a potential Hit or Miss from Lava because they were going to get listed on Centralised Exchanges. We know centralised exchanges is where there is a lot of trading volume. People like to use centralized exchanges because it’s safe to some extent. All you need to remember is your login details and you are good to go. So trading volume on exchanges are always off the roof. Lava listed on DEX only and the trading volume was very small and underwhelming. Lava is a reputable project and people seem to love it. So when they announced they were going to list on centralised seemed like a bullish news.
So I bought some, after buying, they started pumping, before the listing it pumped and I was in $120+ profit with a $400 investment, that’s like 25% profit. I was expecting over 200% before I take profit, because why not? Sadly it didn’t pump that much, stayed stagnant a while then dumped, I am currently at $1 loss which is not bad. But I have decided that I am not selling. So yeah that’s it.
Good post