Hey guys, I am here with some hit or miss information. Few months ago I posted about some Lava airdrop, the task involves chasing your wallet RPC to Lava RPC, so that you can acquire points for every transactions you make using the RPC. This was one of the most anticipated airdrop I was expecting, I was so bullish on the project besides, the supply was 1 Billion and the seed fund raising was very impressive. Sadly they launched and launched without being listed on CEX exchanges. I was so disappointed because I had never seen such thing in my crypto life before.
The community was disappointed making the price action pretty dull. The price of the token was not great it was disappointing, I sold mine with anger, but guess what? They just announced that they will finally be listing on their first exchange platform on January 9th. Which is the Bybit exchange. I have noticed that the more exchanges a token or coin lists, the more trading volume they have and that leads to the more price movement they have.
This might mean that we will see more CEX listing and just may be we will see the price of LAVA skyrocket and get to the supposed price because the project has potential and its utility is amazing. After January 9th we will know if this will be a Hit or Miss. This is not a financial advise.