As we move towards the end of Q1 2020, Presearch company accelerated their marketing campaign. For the last 2 weeks, Presearch team is announcing new developments of their project that is adding value them.
Last week, Kucoin exchange listing was announced. With the new listing PRE token has gained around 30-35% value in very short time. Yet it seems this is not the only good news on Presaerch.
From Presearch News twitter account, it was announced that tomorrow there will be another big announcement. Team wants you to guess what will be the next great milestone. The options are; Another new exchange listing, issuing of the revised whitepaper, another trading pair on KuCoin, PRE token burn, 2020 Milestones will be issued.
In our opinion, another trading pair and PRE token burn are least possible options. Normally when a coin is listed on an exchange, all trading pairs start at once. As for token burn, already 53 million tokens are staked for keywords out of 170 million available tokens, so there is a need for even more tokens in middle term. So possibility for middle term is minting of new tokens rather than burning them. As for another exchange listing, I don't think Presearch would waste 2 listings in two weeks. I would spread them apart to take advantage of marketing.
The old white paper of the Presearch did not include keyword staking, reward levels and referral system, so it is very outdated. I certainly believe that new whitepaper will address all these concepts and new targets of the project will be explained. Thus it seems as the most probable option.
We will find out tomorrow with you all about the new announcements. Stay tuned!
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