How some investors made profits from $BMT early listing.

[CryptoBun]

I’m sure i wasn’t the only one who noticed the listing of $BMT on Binance yesterday, resulted in losses for traders. I know the “pump and dump” pattern has been constant lately but i and many others were optimistic when it was announced yesterday but suprisingly, this token did not pump a bit instead it dumped immediately.

The most disappointing part was seeing some traders posting their profits because they bought it early on Bitget which listed it six days ago. I also heard early adopters gained about 300% while on the flip side, some were busy applying stop-loss.

Seriously, this made me realize tokens like $PNUT, $ACT and $TAO saw substantial price increase on Bitget before their subsequent listing on Binance, making investors maximize their profits. I guess i’d be keeping close watch on their new listings now. By the way, i would like to know if you made profits from this token also.

[Mia Chloe]

I’m sure i wasn’t the only one who noticed the listing of $BMT on Binance yesterday, resulted in losses for traders. I know the “pump and dump” pattern has been constant lately but i and many others were optimistic when it was announced yesterday but suprisingly, this token did not pump a bit instead it dumped immediately.

Sometimes the pump and dump capacity of a particular meme coin or token actually depends on the volume of investors it has. There are two possible scenarios that I can actually think of in a case like this. The first is a scenario where the dump was as a result of shortage of liquidity to raise price to the predicted level.

And the second could just be that they actually engineered the dump. You never can tell what's going on back end on most of these tokens especially if you do not have premium access to their distribution of liquidity.

[bhadz]

By the way, i would like to know if you made profits from this token also.

Nope. I didn't make any money on this but I see a lot of people that have made that much in the airdrop of it. There is still some good strategy that remains like what you have said OP by looking at the early listings and by buying it through an exchange that has listed that token. It's still whoever gets first is the one that makes the most but those that are likely to hold this token might just jump into their losses because after the listing, it's a free for all market then and everyone is looking to get their shares and profits from the new comers.

[SmartGold01]

Seriously, this made me realize tokens like $PNUT, $ACT and $TAO saw substantial price increase on Bitget before their subsequent listing on Binance, making investors maximize their profits. I guess i’d be keeping close watch on their new listings now. By the way, i would like to know if you made profits from this token also.

I have never put much efforts on altcoin trading and holding especially to what happened the Trump coin I was wanting to invest on it, immediately I saw the market manipulation over that coin I had to set some restrictions on altcoin investments as they could leads to potential loss.

[CryptoBun]

By the way, i would like to know if you made profits from this token also.

Nope. I didn't make any money on this but I see a lot of people that have made that much in the airdrop of it. There is still some good strategy that remains like what you have said OP by looking at the early listings and by buying it through an exchange that has listed that token. It's still whoever gets first is the one that makes the most but those that are likely to hold this token might just jump into their losses because after the listing, it's a free for all market then and everyone is looking to get their shares and profits from the new comers.

Exactly, buying early on the one that list the token first will make investors more profits. Losses can be avoided if the trader is not greedy, the best is to take profits as soon as it’s made.

[CryptoBun]

Seriously, this made me realize tokens like $PNUT, $ACT and $TAO saw substantial price increase on Bitget before their subsequent listing on Binance, making investors maximize their profits. I guess i’d be keeping close watch on their new listings now. By the way, i would like to know if you made profits from this token also.

I have never put much efforts on altcoin trading and holding especially to what happened the Trump coin I was wanting to invest on it, immediately I saw the market manipulation over that coin I had to set some restrictions on altcoin investments as they could leads to potential loss.

Trump was and is still a meme coin which means it’s very volatile, a lot of those that went in early made their profits. It’s probably you discovered it late. It’s the same as  the one I mentioned above  also, entering into a trade is one of the best strategies.

[Trongduy]

I’m sure i wasn’t the only one who noticed the listing of $BMT on Binance yesterday, resulted in losses for traders. I know the “pump and dump” pattern has been constant lately but i and many others were optimistic when it was announced yesterday but suprisingly, this token did not pump a bit instead it dumped immediately.

The most disappointing part was seeing some traders posting their profits because they bought it early on Bitget which listed it six days ago. I also heard early adopters gained about 300% while on the flip side, some were busy applying stop-loss.

Seriously, this made me realize tokens like $PNUT, $ACT and $TAO saw substantial price increase on Bitget before their subsequent listing on Binance, making investors maximize their profits. I guess i’d be keeping close watch on their new listings now. By the way, i would like to know if you made profits from this token also.

I'm out of stablecoins to scoop up more tokens for my portfolio, but honestly, I'm not sweating missing out on those super-fresh crypto tokens. They're just too darn risky, and there's not enough market info to even try to analyze them. That wild price pump could just as easily turn into an even wilder dump.

Binance's recent token listings haven't exactly been knockouts either. Those tokens tanked after listing instead of hitting the moon like early investors were hoping. The market's still hazy, so everyone's probably trigger-happy to cash out and protect their capital and gains.

[Akinwale Akinkunmi]

I’m sure i wasn’t the only one who noticed the listing of $BMT on Binance yesterday, resulted in losses for traders. I know the “pump and dump” pattern has been constant lately but i and many others were optimistic when it was announced yesterday but suprisingly, this token did not pump a bit instead it dumped immediately.

Sometimes the pump and dump capacity of a particular meme coin or token actually depends on the volume of investors it has. There are two possible scenarios that I can actually think of in a case like this. The first is a scenario where the dump was as a result of shortage of liquidity to raise price to the predicted level.

And the second could just be that they actually engineered the dump. You never can tell what's going on back end on most of these tokens especially if you do not have premium access to their distribution of liquidity.

You are actually right. Pump and dump are actually being done by the whales and the big guys in the market, and to also control the market like them, someone needs to have enough liquidity. As of now, the only thing I do to avoid becoming liquidity for whales is to buy early on exchanges like Bitget, MEXC, and even KuCoin, and sell whenever Binance is listing that particular coin. It has worked on the listing of $BMT, as I made a +250% gain.

[Mia Chloe]

You are actually right. Pump and dump are actually being done by the whales and the big guys in the market, and to also control the market like them, someone needs to have enough liquidity.

Well sometimes I like to see it as a simple concept and strategy with some crazy math about liquidity involved. Sometimes you don't even need to be a whale having a ton of liquidity before you can create a meme coin and pump it.
It turns out it's mainly about hype and how much liquidity from investors outside their inner circle they are able to accumulate. These things are what actually contribute to sudden pump in price.