Recently I published a post in which I talked about Portal which is a gaming project. This web 3 gaming project offering cross-chain functionality was listed on the launch pool one week before. For those who do not know what the launch pool is then I would like to mention here that this is one of the initiatives by Binance exchange through which they try to launch the project and so far every project has got the exchange listing. Because this is one of the biggest exchanges in the market as of now, any project that gets launching through the launch pool gets more attention in the market, which is something every project expects to achieve.
Portal farming was available for 7 days and is now over, but the coin is also listed on the spot market for trading. This trading started today and the initial price was almost four dollars however it kept on dropping because most of the people started selling. Usually, it happens because people try to book profit by selling whoever has got these tokens for free or participating through some airdrop initiatives.
The trading is ongoing in full swing it seems and people are trying to buy and sell as much as they can which normally happens with every project on this exchange because of the higher volume. I always say that launchpool is a fantastic way to participate in farming because this way you can get some free tokens and sometimes these tokens bring a good value. I must mention that the portal is one of the tokens that has got pretty good value in the market and even I'm able to book a good amount of profit without any investment.
Farming is a process where we can deposit the required tokens and after this time is over then we get the same tokens back in the same quantity so technically there is no loss. It's just we deposit our token for a certain period and earn a reward. I'm happy to have some reward through the portal token and hope there is another project getting launched soon on the launch pool because I don't want to miss this opportunity.
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