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Why Did This Sub-$10 Million Crypto Pop 35% in a Red Market?
There’s good news…And then there’s great news!
Imagine your significant other comes home from work one day and says, “Honey, we’re going out to dinner! I just got a surprise $1000 bonus!” You’d probably be excited and congratulate your partner on the good news. Now, imagine your significant other came home and said, “Honey, renew your passport. I just won a raffle, and we’re going on an all-expense paid trip to Paris!” You’d be even more delighted than the $1000 bonus news. Finally, imagine your significant other comes home and says, “Honey, pack the house. I just learned I inherited a mansion from an unknown distant great uncle who recently passed.” This kind of news could get every nerve in your body dancing.
The news Houdiniswap investors heard yesterday is closer to the third scenario described above. And, in response to the great news, the price of the $POOF token did this:
If you aren’t familiar with Houdiniswap, I’ll refer you to the following post, https://thedefichronicle.com/why-im-loading-up-on-this-1-crypto-for-0-12/, where I describe the platform, its native token, and why I’ve…