$JANITOR Buying Event Recap: A $25,000 Lesson 💥
Last week, the BNB Foundation decided to buy $JANITOR tokens to support a $100 million incentive program.
We put out 25,000 USDT to support the Janitor project, but we were in a hurry and chose the wrong path, and we bought Janitor for $1.1 each - the market price was only $0.01 😵 💫 at the time
In other words, we spent $25,000 and only traded back about $226 worth of tokens...... 🤕
After internal investigation, it was found that the transaction was not pinched, but rather a typical routing bias: the transaction was automatically directed to a pool with little liquidity.
However, the original intention of supporting the community of high-quality projects remains the same.
✅ Today, the BNB Foundation has repurchased $25,000 worth of $JANITOR as a token of support.
🧑 🏫 The lessons from this class are as follows ⬇️
1. Be sure to confirm which pool the liquidity is in before buying
2. Please carefully check the closing price before finalizing the purchase
3. Pay extra attention to new tokens
4. Buying coins in small amounts and testing first is always one of the survival rules of Web3
This time, we personally stepped on the pit, and we only hope that everyone will not repeat our mistakes 🙃
Finally, I would like to thank the community members for their supervision and care.
👉 The new token purchase hash is as follows:
$100 million Incentive Plan: Token Purchase Announcement
The BNB Chain Foundation wallet address has just completed its latest round of asset purchases 🎉
✅ Buy $25,000 in $JANITOR @JanitorBNB
✅ Buy $25,000 in $IDOL @meet_48
✅ Buy $50,000 in $CAKE @PancakeSwap
✅ Buy $50,000 in $LISTA @lista_dao
BNB Chain Foundation wallet address ⬇️
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