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Author Topic: Report: Investors Are Dumping Compound Token as Soon as It Gets Listed  (Read 1634 times)

Offline newshunter

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Report: Investors Are Dumping Compound Token as Soon as It Gets Listed

A report from Flipside Crypto contends that investors are dumping Compound tokens as soon as it gets listed on exchanges with the majority of the supply held by speculators.


Source: Report: Investors Are Dumping Compound Token as Soon as It Gets Listed

Would appreciate your opinion about this

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Offline Pegasus

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Yeah and people blamed bounty hunters for dumping tokens' prices. The fact is bounty hunters only takes up about 1-5% of a project's total tokens. That amount can't lead to any big dump. As for Compound's case, I think its success comes too soon, especially when the Coinbase listing was annouced. Coinbase seems like the ultimate exchange a project could be listed. If you're Compound investor, what do you expect further than Coinbase listing?

 

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