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RE: Glad To See Familiar Faces and SPORTS Price Keeps Rising

in LeoFinance5 years ago

Do you know the reason why sports has begun to pump? Anything new happening with the tribe? I saw another post earlier in the week saying only 6500 dollars of HIVE coming In to SPORTs would get it to $0.01 level

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What's happening is that new investors are coming in to secure a good space at the top before the token begins to moon.

It creates buying pressure and more demand. And we see SPORTS price is going up. Thank you @uyobong.sports for bringing this up.

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I think there are two main reasons for its rise.

1- The first reason is that now OCD gives votes to the SPORTS community, that motivates writers a lot.

2- The second reason is the Sportburns projector, which sends @null all the sports that are won in its publications. I think around 300k to 400k of sports will be sent to @null later this month.

Thank you so much @xak for sharing your analysis!

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I don't know any specific reason. Anything could happen. Looking forward to it.