Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
by
mariner_southampton
on 16/01/2018, 01:29:17 UTC
Why is the price sinking? Shocked

There are hardly any volumes, so weak hands selling the coins which they will regret. There is an impressive line up of industry events and API test in April. I am buying at every dip.


Where do you retrieve that information from? Could you please share the details with us? And your sources?

Go and check the volumes on Coinmarketcap.com for UTRUST. Only 3m worth of coins traded in the last 24 hours. When price rose last week volumes were over 50 million. Once we hit more exchanges and the platforms becomes well known in the market, liquidity will improve driving up both volumes and prices. These trades on thinly traded volumes never justify the fundamentals of any assets. You should also keep in mind, the price is still over 10 times the ICO price for some of the early investors so may be some of the small investors are panicking and taking profit. This is my view.

If you hold the coins, stay put. The whole market is down. Some of the amazing coins are down 20-30% in the last 24 hrs. I am buying at every dip.