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Highlights
- PinkSale (PINKSALE) is a Binance Smart Chain-driven protocol project launched by PinkSale Finance.
- PinkSale aims not only to allow users to launch their tokens, but also to create new token sales in future.
- Ranked 5560 as per its market cap on CoinMarketCap, the PINKSALE crypto was trading at US$159.80 with a 24-hour trading volume of $14,658.69.
PinkSale (PINKSALE) is a Binance Smart Chain-driven protocol project from PinkSale Finance. PinkSale aims not only to allow users to launch their tokens, but also to create new token sales in future. As a seamless token creating structure, the users require no code to design their token.
Apart from being able to create your tokens, the PinkSale protocol also aims to provide impressive rewards to come on to its platform. The PinkSale protocol provides farming rewards to motivate its owners to compete with its peers. The PinkSale ecosystem offers strong security in place, which prevents it from various threats pertaining to the system.
Also read: GMT, ZIL, BAKE, FCT & ALPHA: 5 top-gaining cryptos of this week
On 4 April, the PINKSALE token saw a positive rally of over 1.11%. The token has had a bumpy ride in the past 30 days as it was down by 6.1%. But then again, it managed to rise by 4.5% in the past 14 days before sliding back to 5.2% over the past week.
What is making PINKSALE rally?
One of the reasons for today’s rally is the announcement of the Biswap and PinkSale collaboration. This collaboration with the DEX platform is expected to ensure mutual growth.
Besides, on 3 April, PinkSale also inked a strategic partnership with the SIG Sers Investment Group. With the partnership, the protocol believes that it will be advantageous for both parties, and it will further help in the launch of PinkPad.
Launched in August 2021, the PINKSALE crypto is audited by the renowned crypto auditing company Certik.
Also read: Industry unhappy with the EEP’s decision to block ‘unhosted’ wallets
How is PinkSale price faring?
Ranked 5560 as per its market cap on CoinMarketCap, the PINKSALE crypto was trading at US$159.80 with a 24-hour trading volume of $14,658.69. PINKSALE was up by 1.11% in the last 24 hours, with a total supply of 100,000 PINKSALE coins.
According to their website, PINKSALE’s tokenomics is designed in such a manner that it takes the long-term goal in mind rather than the short-term. The project team believes that to ensure success, one needs to have a long-term vision. The transaction fees could be on the higher side, but it could well be beneficial for holders of the PinkSale tokens.
While the rally is impressive, the ups and downs that the token has been witnessing show that the volatility is constant for all crypto tokens. Overall, the crypto market is volatile, and its prices can change at any given point in time. So, the investors need to be on the lookout and stay vigilant before taking any investment decisions, or else they could face heavy losses if they are not careful.
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