A high price pump when listed on a large trading floor is almost an indispensable “custom” of coins.
Today 24/7 when Binance announced the start of the Holo Token (HOT) list and the Upbit floor announced the start of Basic Attention Token (BAT) trading, they both immediately increased their prices.
Binance – “Price pump”
Calling “price pump” is not wrong when Binance is still the world’s largest electronic money exchange trading floor based on trading volume statistics. Binance announced that he would open deals for HOT / BTC and HOT / ETH couples on July 24 at 4:00 am (UTC time).
At this time the price of Holo is currently trading at 0.000950USD / HOT, marking a growth rate of nearly 50%.
According to CoinMarketCap, most HOT tokens are traded on IDEX, accounting for 55.55% of the total trading volume.
HOT’s trading volume also soared to an additional $ 7 million. But can this electronic currency maintain growth after being listed on Binance, we need to watch more …
Holo is not the only coin pumped
Another coin was pumped heavily today with Holo Basic Attention Token (BAT).
Immediately after the Upbit platform voiced a list of coins like BAT, ADX and ADT, BAT prices rose from 0.32 USD to 0.42 USD in less than 30 minutes.
Basic Attention Token (BAT) is a coin that has its own blockchain and currently holds rank 37 on Coinmarketcap. BAT is a crypto located in the Brave browser ecosystem in addition to it is also an electronic currency to develop and reward users when participating in Brave’s ecosystem.
However, after a surge in prices, both HOT & BAT have price adjustments, which raises the question of whether they can maintain long-term price increases.