vortex
July 23

Case study 'Market making', 2024

The token was worth $0.072 when we started working together. It was listed only on Probit and Digifinex, having low daily volumes of up to $30k total on all exchanges. The project was unhappy with their market maker and was looking for a new one.

As soon as we started working together, we introduced the project to several marketing agencies which delivered good results. The project has also started their own PR round. Correlating market making with project’s marketing, we ensured that the order book and market conditions are fully prepared for organic growth.

At first, we were able to secure a $0.6 price mark, marking a 9x growth and letting the project finally secure the Mexc listing for a discounted price.

Following the announcements of increasing activity, the project was successful in reaching $1.7 as a peak price and is currently consolidating in the $1 area. Over the course of this growth, we’ve ensured a 23,9x growth and over $150k in net profit for a token that was initially an illiquid market.

Now it’s worth $1.55 and is listed on Mexc, already aiming for Gate and Bitget listings as well. It’s currently a top-600 project by CMC ranking.