Power Pool: Pantera Capital, Binance - what next?
Paul Veradittakit, an investor from Pantera Capital, has recognized the value of CVP token in this blog post , dated November 12.
CVP token is issued by Power Pool, accumulating governance power in Ethereum based projects.
It only took 4 days for Binance to list CVP on November 16.
Price quickly pumped 60% on this listing and corrected shortly after.
The thing is that Power Pool is in late "babynet phase". With mainnet coming as soon as audit is finished. Which was estimated to happen around November 17th.
That's where the real action could start.
Disclaimer: The opinions expressed in the post are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product.