Re: Quarkchain speculation to go up like ziliqa?

the problem about this cases just , we know , Quark currently only 3.61% of the total supply of QKC tokens in circulation.
so that mean , about next month,more token will be added to the circulation supply.
and , i worried about the price, still strong or what.

I think this is kind of speculation if only about 4% in total supply. I think team try to sell on high and that's why we saw so low volume now.
Price went down from 0.32 $ to 0.18$ just for one day.

That's only a short term hype coin. Zilliqa has done more than 30x from the ico price after it being listed on the major exchange site just like binance and remember it's not paying a lot of money to the binance to listed zilliqa instantly. Qkc is a shitcoin and zilliqa is a very good coin that used sharding protocol.

actually i am not call ZIL it's same like QKC,
because i really know, ZIL is really future project with target.
"Zilliqa aims to rival traditional centralised payment methods such as VISA and MasterCard."
btw, what reason behind QKC just spend little by little coin to the circulation.
anyone know ?

It's a little bit shady here with QKC about spending only little supply for circulation (following the ZIL example) but some observations might be also noted:
- Reserving only 5-20% for crowdsale can be considered as a red flag as ICOs always sold the majority of token and the remaining supply could be burned or frozen for a specific time (confirmed by the smart-contract code).
- Then creating massive initial liquidity on Binance after paying 5$ millions to be listed so it's going surely to pump the price (another red flag that those conditions can't determine the real price compared with circulating supply and ICO price) and this warning alert from Binance can clear the situation: https://support.binance.com/hc/en-us/articles/360004471832-Binance-To-Open-Trading-For-QuarkChain-QKC-and-Risk-Warning

Quote

High Risk Warning:

There is currently only 3.61% of the total supply of QKC tokens in circulation at the time of listing. The total supply is 10,000,000,000 QKC. [The ICO price was USD 0.018]. This may cause extreme price volatility. Please exercise caution when trading in the QKC trading pairs.

- QKC only sold 20% with 16% locked up; this means that only 4% of the supply is currently on circulation. So after being listed in major exchanges, Who will sold tokens for Buyers. May be not the team Huh

- Following the Zilliqua original approach means effectively that the project still doesn't have a clear business-model besides the roadmap.

Either it's a new strategie that can succeed (don't know axactly how) or we are facing a great lack in the commun known regulations for ICOs including govenamental ones.

This steem article explains well the situation.