Yesterday, I wrote about the fact that I participated in the GARI token sale on Kucoin, just like I will participate in the upcoming LOKA token sale on Binance (and like I try to take part in all such spotlight/launchpad sales on Kucoin and Binance. In fact, today I also participated in the KassandraDAO token sale on PenguinFinance. I have considered trying to enter sales on Avalaunch on Avalanche as well, but I haven't done so yet.
But, how did the GARI token sale go? Was it a success? The last time I bought tokens during a Kucoin token sale, it entered the market at 40x profit (unfortunately we only received 10% of the tokens we bought, but selling those, I am already in profit). What then with GARI?
The Gari Network token sale on Kucoin
The sale price for one token was $0.2 per token. I was sitting in front of my computer waiting for the trading to start several hours later and just after launch, the token was trading at $0.8. I quickly sold, meaning that I actually had a 4x profit.
I was a bit nervous, knowing that the price might actually boom after this (as people wait for the whales to dump and then they start to buy), but that didn't happen, at least not yet. So, the price fell to $0.5, and currently, it is trading at $0.7 (which is 3,5x profit).
This time all tokens were distributed at once, so that might also be a part of the fact that the price didn't go 40x, but "only" 3x-4x.
No matter what, this is what I consider to be free money, and the only requirement, if you want to be a part of such Kucoin spotlight projects, is to have at least 100 KCS in your wallet. So, not long ago I sold some other coins and made sure that I have 100 KCS tokens in order to be a part of this. Since then, I am using profit from these spotlight projects to buy more KCS.
All in all, I am very happy, and now I am looking forward to the League of Kingdoms tokensale that will take place on Binance tomorrow. If you have any BNB tokens in your wallet, make sure to check it out, because this might easily do a 10x profit or even more!
If you want to learn more about how you can be a part of future spotlight sales on Kucoin, check this article.