Little Mouse (OP)
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Activity: 2086
Merit: 2040
Marketing Campaign Manager |Telegram ID- @LT_Mouse
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March 30, 2021, 01:01:28 PM |
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If we look at the history of exchanges native coin/token, we can see that they all have pumped huge. For example, BNB, KCS, FTX coin, Okex, BTMX (bad I missed this, I was about to purchase at $0.12).
One thing is certain that they will pump and they are here to stay. They won't go away simply unless there’s a significant damage happen like got hacked or stop their business.
What are the possible reason which you think is risky when you are purchasing an exchange coin/token? I'm planning of investing on exchanges coins once the market is in a bear cycle. Please share the risk of holding exchange native token/coin.
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