I love the launchpad and spotlight projects on Binance and Kucoin. How come? They always bring quick profit. Of course, sometimes I am way too quick to sell, like I was with STEPN on Binance. THat was a bummer, especially considering that I have bought quite a lot of GMT tokens after the tokensale at a way higher price than I sold them at after the token sale.
But, once again I took part in a token sale and this time it was the Pikaster token sale on Kucoin, on their Spotlight platform.
The price per token was $0.125 and every user received 25% of their allocation at the token generation event. The remaining 75% will come later. But, how did this go?
Well, I got my tokens at $0.125 and when I sold them immediately after trading was opened I managed to sell them at $0.8. That is a nice 6x profit (even more) without doing a lot. Of course, the price went up to $1.2 a few minutes later, but I do expect it to drop in some hours. And then, who knows... if this is a project with potential (it might just be), then this might become a new Axie Infinity and turn way more valuable, but that is still hard to predict. In other words, I am happy to have sold mine with a 6x profit. Of course, I have only received 25% of my tokens, but I have already turn in profit, meaning that no matter what will happen with the remaining 75%, I should still be happy.
Want to be a part of future Spotlight events on Kucoin?
Would you like to be a part of future Spotlight events on Kucoin as well? You can learn more about Spotlight events and how to be a part in this article.
Were you a part of this? Have you been a part of similar projects before? Do you have good experience with that or not?
Have a wonderful day everyone!