So I have quite a few VIB and it has risen by 90% overnight. I do like this project and think it could do well in the future. Just curious what you guys think. Should I sell or hold?
You have 2 options . If you see a quick reduction, then sell a 50% to preserve the property, but if you choose long-term investment then you should keep and forget it for a long time. After 6 months you should see and I am sure you will have a lot of good profits
Trade volume is interestingly high for such $90M market cap project. On binance, its daily volume is $121.237.000; on okex it's $77.287.700; on upbit it's $67.343.100 and these volume is high really.
I don't know if we missed an important news about the project.
Here's the reason for the high volume:
2. Be Top of the Top
A total of 37,000 VIB will be distributed among the top 10 traders by VIB trading volume in the following way:
1st: 10,000 VIB
2nd: 7,000 VIB
3rd10th: 2,500 VIB each
If you are talking about some 'big news', there is none. But good news only cause short-term bubbles.
The main reasons for the increasing rate are that recent progress was really good, adoption works well and even the event sector is in range.