The project formerly known as WaBi (recently rebranded to Tael) becomes the latest recipient of an infamous Binance AMA pump.

Over the last two months, Binance has hosted a series of project AMAs on their main English Telegram group, highlighting some of the coins listed on their exchange and giving away a variety of project-related goodies.

Next up is Wabi, whose co-founders are planned to address the Binance community this upcoming Tuesday (April 16th):

We’ve covered this Binance AMA Effect before - it seems like any time one is hosted, the project experiences a surge in popularity on crypto social media, ending up on our Top Social Gainers list in the process. For some of them, the AMA hype also translates to a price rally, as was the case with Neblio not that long ago:

Now, it seems the projects too are starting to pick up on this correlation. Not leaving anything to chance, Tael even stepped in to help with the pre-AMA pump, teasing a big partner reveal during the event:

As a result, the coin is up 69.7% since yesterday, currently sitting at a 9-month high $0.42. It has also gained plenty in social volume, recording 470+ new mentions over the last 24 hours:

Should the gambit prove successful, Tael's 'strategy' might provide a working blueprint for future Binance AMA recipients. Who knows - we might even begin to see projects time big reveals and project announcements with their ask-me-anythings, effectively making Binance AMA pumps a self-fulfilling prophecy.