There is a tension in the air on Yobit exchange. A calm before the storm if you will...
After more than a month of stable price action from Liza, resulting in 16x gains for the month, Liza began to correct. The downturn in price was greeted by several new measures from Yobit including a higher minimum investment, a redenomination and now a Liza fork.
Enter Lambo
The Liza fork a new coin called Lambo. Yobit has communicated on twitter that Lambo will have an investbox paying 1% per hour - an incredible 26.9% a day! As you can guess, there is a stir in the air about the prospects Lambo will bring for investors. As of now, one thing is certain about Lambo, the only way to get it right now is to hold Liza. You recieve 1 Lambo for every 10,000 Liza held.
Many questions remain and they include;
When does the Lambo investbox open? What will the minimum be?
What will the price of Lambo be once it hits the exchange?
How long will the Lambo investbox go at 1% an hour?
Will the price of Liza pump before the fork and dump after?
One twitter user claims to have seen Lambo briefly in the investbox, as a test run to the real thing...
Time will tell and it's counting down... as of right now, there remains 64 hours until the Liza Lambo fork.
Link to Lambo countdown: https://t.co/WfBMY7rN2o
As always, do your own research. I'm not a financial advisor and this isn't financial advise. This article is for informative and entertainment purposes only. Happy Trading!
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