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It will as traders or retailers are after the hype and volume. If this project got that, whatever the concept it is, it doesnt matter. Some only based on charts info and not even care about its fundamentals. After they profit they leave. Different approach actually.
I agree. Like I said, with Binance handling the token sale on its launchpad platform is enough reason to exponential increase the pumpamenntals. The narrative on crypto twitter has changed now about Arkham. I believe their CEO held a space and explained a few things. The overall sentiments right now is bullish. For a team that reportedly raised over $150M prior to this launchpad sale, I expect the token to do a minimum of 5x from launchpad price.
Goodluck to everyone who got in via the launchpad, their airdrop or early investment rounds.
This is a very very risky statement, I hope you are careful. If you think that it will do a minimum of x5 after the launchpad, then you are going to invest heavily if you can, of course if you can reach it at the right time. But also remember that even if it goes up after the launch, then it could crash a lot with people taking their profit.
Remember that not everyone is in this for the long term, some people want to take that x5 profit and leave, which will crash the price and we are going to be hurt if you keep it long enough. I would suggest that if you really want to get involved with the launch, then you should get out after a while so that you are not holding it for too long and make a mistake of getting too greedy and lose.