TL;DR
With the plethora of Airdrops and Points campaigns happening across crypto. It’s time for a formal welcome to Whale Market—the one-stop shop for all your pre-market trading needs. The effects of Whale Market have been so large that many centralized exchanges have been forced to add pre-market trading to their roster, by introducing a method for trading tokens before they’ve ever been released. With this new way of interacting and hedging for/against the most anticipated unreleased projects. This review will closely examine what Whale Market has to offer and what we can expect from the project next.
Before Whale Market, there was no way to properly gauge the potential of a token’s price before its release. Outside of the Twitter posts calling for something to hit a ridiculous amount based on its market cap. Baseless speculation was the most prominent form of any previously existing “pre-market”. However, with the release of Whale Market, we now have a far better method of figuring out how much interest there really is in a project. With traders having to put their money where their mouth is. The price speculation varied more at first. But now that Whale Market has found solid footing, it’s been able to help launch some of the largest projects in crypto.
Welcome to Whale Market
Whale Market launched as a means of solving the problems with backroom trading and lackluster Over The Counter (OTC) trading groups. With ordinary crypto holders having no access to this early private market trading activity. It allowed whales to manipulate the price of a project price before it ever even launched. Happening in untrusted environments also meant that bad actors could fail to hold up their end of the deal if it didn’t work out in their favor.
Whale Market saw this as an opportunity to build a robust trading desk. A place where pre-market access was available to everyone and delivery was guaranteed for both parties. As a decentralized protocol, Whale Market is available for anyone with a Web3 wallet set up. This trustless method of trading tokens means that no one can manipulate any user’s interactions with Whale Market. Once a trade has been initiated with Whale Market that capital is locked into a mutual smart contract with the other party until that pre-market token has launched. Now, let’s talk about all the features currently available on Whale Market.
Pre-Market
The most obvious bread and butter for Whale Market is the Pre-Market trading desk. Launching only the largest projects over the past year. Whale Market has generated an insane amount of trading activity for tokens that have not been released yet. With support for tokens launching on Solana, Ethereum, BNB Chain, Base Network, Wtarkent, Manta Network, Linea, Arbitrum, and Merlin Chain. As a Solana-based project, Whale Market has supported every major token launch on Solana since its release.
Whether you’re looking to acquire a premarket token or swap yours. All you have to do is head over to the Whale Market and select the token you wish to interact with. Once the token pre-market is pulled up simply select the price from the list on the left to buy, or from the list on the right to sell. It’s really just that easy for anyone to use.
Points
Head of Research Jesse is a passionate seeker of truth who enjoys educating others about Bitcoin. As a free thinker and 2nd amendment advocate, Jesse believes each individual has the right to monetary freedom. “The swarm is headed towards us” -Satoshi Nakamoto
