Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For Highly-Confidential Transactions 🔏
by
cryptonist
on 29/12/2017, 01:04:26 UTC
Incredible gains for this project. How and why is this happening? Cool
I've been mining Sumokoin for several weeks, it's a promising long term projects - that's why I'm sad from this sudden pump as the inevitable dump will follow and will destroy Sumokoin's long-term credibility.

I am not sure about the dump, because no one can predict such things. A thing to keep in mind is as more people have switched to SUMO, the yield has declined drastically. And this helps the price since there aren't enough coins to dump. I love the minging algo's adaptability, but what that does to price remains to be seen.

I also don't think a dump will affect SUMO's long term credibility. There are a lot of other things yet to be achieved and the project is pretty young.

Regardless, kudos to the devs for this feature.