Post
Topic
Board Altcoin Discussion
Re: BLUM
by
coin-investor
on 08/09/2024, 15:43:04 UTC

But the Pre-Market will not guarantee the price is the same as the official Listing price.
This is just speculation, just wait and see how BLUM develops.
Now just do the task that has been given and invite more people to join.


I'm not taking the premarket seriously; its actually a trap and you will eventually lose, Take the case of Dogs, Lbank did a premarket trading on Dogs, and their price is 10 times higher than its actual price when traded in the real market.

But this is something that will entice those participants to work hard to get more of Blums because what if the actual price is something closer than the premarket is trading?

It is something that will motivate you, but the supply and the usability of the platform is what make it sustain its price in the market, and I always expect the first weeks or months of listing as dumping time for weak hands who just claimed for free money and don't care about the project.

So I expect Blums to have selling pressure just like what happened to Dogs.