đš 400 BNB Rewards for $BMT â But Could This Actually Hurt the Token?
Binance just launched a BMT trading tournament with up to 400 BNB in token-voucher rewards, running from Aug. 27 to Sept. 3. ïżœ
Binance
At first glance, that sounds bullish.
But thereâs another side traders should think about:
A trading campaign can bring fresh volume and attention â but does that automatically create real demand for $BMT?
If traders are participating mainly for rewards, the volume could cool once the incentives disappear.
đą More attention + real buyers = bullish
đŽ Reward-driven volume = possible sell pressure later
Iâm more interested in what happens to $BMT after the reward incentive fades than during the campaign itself.
What matters more here: real demand or trading incentives?
đ Change my mind.
$BMT
#BMT #Bubblemaps #Crypto
Binance just launched a BMT trading tournament with up to 400 BNB in token-voucher rewards, running from Aug. 27 to Sept. 3. ïżœ
Binance
At first glance, that sounds bullish.
But thereâs another side traders should think about:
A trading campaign can bring fresh volume and attention â but does that automatically create real demand for $BMT?
If traders are participating mainly for rewards, the volume could cool once the incentives disappear.
đą More attention + real buyers = bullish
đŽ Reward-driven volume = possible sell pressure later
Iâm more interested in what happens to $BMT after the reward incentive fades than during the campaign itself.
What matters more here: real demand or trading incentives?
đ Change my mind.
$BMT
#BMT #Bubblemaps #Crypto