What is a “KOL round” for a new coin?
A KOL round is when a project distributes some of its tokens to influential opinion leaders at a discounted price in exchange for promotion and exposure.
For some projects, the price in the KOL round is similar to that of the private round, while the lockup period may actually be shorter than for institutional investors.
When managing your positions, the most important thing to remember is to be wary of promotional content that only touts the benefits and says nothing about the risks, and to consider it separately from independent analysis.
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