DecentralandExploring the Reasons Behind PINS' Over 20x Surge: Boosted by the Korean Crypto Market and LBank
TMCnet
•7 days ago
TAIPEI, Sept. 15, 2023 /PRNewswire/ -- The price of PINs Network's token, PINs, has soared by 2003% since its launch on LBank Launchpad. Early investors who participated in the Launchpad have gained returns of up to $20,000, calculated based on the individual hard cap of $1,000 for this Launchpad.
Trained AI Editor
According to reports, PINS surged over 20x due to two major factors: the Korean crypto market, and the Chinese exchange LBank. The Korean crypto market has seen a rise in demand due to the government's new stance on cryptocurrency, which has allowed more people to access it. LBank's involvement in the market has also contributed to the surge, as it has been providing support to PINS, allowing users to access a wide variety of services. These two sources of support have created a perfect storm of conditions for PINS to see a significant surge in its value, significantly outperforming other coins in the market.
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