Why HOWL price on ED has dropped recently? Is this just a symptom of weak hands or the lack of good innovation behind the whole project?
That's just due to lack of liquidity. Being on a poor exchange like EtherDelta means we'll have very little to no volume. Lack of liquidity often means people are forced to sell at much lower prices when they are in need of their money for whatever reason.
I'm sure we'll be on better exchanges very soon, so it's just a matter of time before we get access to more volume and easier access that centralised exchanges provide.
I can't agree that the lack of liquidity on EtherDelta is due to the exchange itself... You can see for example that both top 2 coins had a volume of 878 ETH and 847 ETH respectively in the last 24h...
I think that this mainly has to do with the lack of substance at the moment for this project... The idea is great, im a supporter, but ultimately its up to the devs to keep the interest of investors active, and i think that will happen once we have more concrete information like, devs background, whitepaper and/or beta version... At the moment its just a very high risk investment and i understand the investors mentality...
This post by slowgroth is by far the most objective comments on the current $HOWL token value.
I think that the devs will need to deliver the basic first like roadmap, whitepaper etc so that we may see an increase in value of the $howl token. $Howl is in no way like eBtc that just got pumped due to the hype itself. $Howl has decided from the very beginning that itnis unique in a way of token distribution while saying that there is an actual project on the way.
All the believers of $Howl lingers to this and i assume that the potential investors are also on the same foot.
The intention of the devs to distribute the token via airdrop is actually unique and if backed with a project-as-usual milestone (such as whitepaper, clear roadmap and maybe the devs info), $Howl will be huge before even the products or the beta version of the products released.
Just my 2 cents. Any thoughts are welcomed.