Binance AMA pump strikes again, feat. WTC

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Jun 13, 2019

Looks like Binance AMA pumps are back. This time, it was Waltonchain (WTC) that found itself on the receiving end of a quick 4.14% spike, courtesy of its project AMA hosted on Binance’s main Telegram channel:

Waltonchain’s CEO, Mo Bing, addressed a variety of matters, including the upcoming token swap, marketing the child chains, as well as KIRINMINER an in-house ASIC recently built by the WTC team.

2,500 WTC (~$5375 based on its current price) was also given away during the AMA session.

This is far from the first pump prompted by a project’s AMA on Binance. We’ve covered several similar events in the past, including Enjin, Wabi and Holo, to name a few.

Similar to Wabi in particular, the spike proved to be rather short lived, as WTC’s been trending downwards since, and is already down 2.63% for the past 24 hours.

Still, as WTC’s price appears to mirror some of that of previous AMA participants (if only for a moment) it will be curious to see which coin Binance will choose to pump...ahem, interview next. Watch this space.

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Jun 13, 2019

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