SWFT Coin as the latest example of "Community Vote" pump
Takeaway: Binance-related news are still powerful boost for tokens. But for how long?
Assets covered: SWFTC
Metrics used: Trading volume, Token Age Consumed, Top Token Transactions, Historical balance, MVRV, Percent of Total Supply on Exchanges, Exchange Flow Balance, Amount in Non Exchange Top Holders, Daily Active Addresses, Social Volume
SWFTC is an 'easy readable' ERC-20 token of SWFT Blockchain, giving some extra liquidity sources needed to speed up swaps and offer low fees.
Along with CHR, it remained on top of Emerging Trends for more then a day:
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The reason was Binance holding a round of community vote between SWFTC and CHR (Chromia):
It happened here:
Price went up shortly and dropped even more. Quite opposite to the first voting announcement happened here:
80% pump in 12 hours on announcement and decline
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