I'm here scrolling through Binance and saw Новый турнир for $BARD... and you know, it looks like a classic 'pump' story 👀
They launched a Trading Tournament with a pool of 3 million BARD — and, overall, everything is as we like it:
you just need to trade at least $500 on spot (BARD/USDT or BARD/USDC) to even get into the giveaway.
And then it’s a race:
the top players take the big share — up to 150k BARD for first place,
and everyone else gets the leftovers, a maximum of up to 25 BARD per person.
The period lasts until April 16th, so it seems like there’s enough time... but you understand, such stories quickly turn into a battle of volumes 😅
Personally, I always have mixed feelings about such tournaments:
on one hand — you can catch a reward if you are trading anyway
on the other hand — people start to churn volumes for the ranking, and the market becomes a bit 'artificial'
Well, I’ll churn my $500 🤑🤷♂️