Post
Topic
Board Altcoin Discussion
Re: Is POW token a scam?
by
KT Tan
on 25/12/2017, 02:10:28 UTC
Joined the POW token airdrop the other day, got around 300k POW Tokens and it claimed it was worth $850. Then a moment later when I checked again it dropped down to $140. Does anyone know if it is legit?
That is because the price drop every time airdrop given out.
Currently there are two price quoted.One price is at Powtoken.com which is link to the ETH price.Not sure how they calculate the Pow/ETH rate.This price is link to ETH price and will be up or down when ETH is up or down.The other price is at Coincodex.com but due to the limited Pow available for trading,this price is also not a representative of Lite's price.It can be easily manipulated,that is why we can see a big swing in the price.We can only get the actual price when the bridge is established,hopefully on 15th Jan 2018.Until then,forget about these two prices and keep on referring your friends to get the referral Lite.