What does a “KOL round” mean for a new coin?
Promotional content written by KOLs after receiving an allocation from a project is, in essence, promotion with a financial interest involved.
A KOL round is when a project gives some of its tokens to influential opinion leaders at a lower price in exchange for promotion and exposure.
When managing your money, remember this above all: don’t invest just because a blogger you follow is bullish. The person posting may have received their allocation at a much lower price.
$BNB 745.66(+0.62%)
Stay rational; don’t get carried away.
Promotional content written by KOLs after receiving an allocation from a project is, in essence, promotion with a financial interest involved.
A KOL round is when a project gives some of its tokens to influential opinion leaders at a lower price in exchange for promotion and exposure.
When managing your money, remember this above all: don’t invest just because a blogger you follow is bullish. The person posting may have received their allocation at a much lower price.
$BNB 745.66(+0.62%)
Stay rational; don’t get carried away.