1/600= 0.00166667
and the price of ETH At ICO Time is 290 $ that mean 1 KNC = 0.48$
So everyone in the ICO has already made triple their investment? That's awesome, well done guys!
After being listed, it's just going down, $1.66 and still decreasing. It's not just the price, Early dumpers will get profit for holding this token since the fundraising.
Binance effet.
Coins early on Binance, with no other big exchange, generally seem to get slaughtered...
Well I am really dissapointed with Kyber. I was not able to participate in ICO and bought from EtherDelta just when it appeared.
EtherDelta price was around 0.006 ETH/BTC
Than it was showing rise to 0.0085 ETH/BTC it is only 30%
After Binance it is the worster coin 2 days in a row with a biggest minus according coinmarketcap.
From appearence on exchange it is allready minus 30% and continue to fall.
Hopefully we will see something better in near future. But for those who not from ICO start dynamic of coin is very negative.
I think it is because NEO hype ,because all this Da Hong meeting with China Ministerium.
Also coin price dynamic is worther when 0x project. Much ,much worser.
0x was started on EtherDelta from 0.0007 and raised to 0.001 with steady fall after.
Kyber was started with 0.006 ETH/BTC on EtherDelta rised till 0.0085 ETH/BTC and falling now to 0.005 ETH/BTC and probably will continue to fall further.