Token Listings And Pumps

in trading •  5 years ago 

What a down day on the market yet there are a couple of tokens that are curiously in the green today. Never heard anything about the projects but massive spikes on a couple of them.

So i decided to look into them a little more. A neat way to do that is to use the 'social tab' in CoinMarketCap. That's when i noticed that both tokens were involved in a listing on Huobi.

Here's what i'm talking about:

Voting to be listed on Huobi:

Even losers are winners

Huobi had the other token as winners but according to crypto.com's twitter, they're being listed on Huobi as well which coincides with the rocket ship up.

Thoughts?

Is tracking the imminent additions to exchanges a workable strategy? Maybe follow the Twitter accounts of the major exchanges and buy when there's news or voting?

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