Re: [ANN][TOKEN] XYO - Decentralized Crypto-Location Oracle Network. Sale 20.03

I'm very much surprised! Bounty participants sell their tokens, but the price does not fall. Someone buys cheap tokens and maintains the price.

Based on my monitoring some addresses continue to collect XYO tokens in their wallets one of them this address https://etherscan.io/address/0x752ceE21AA00Bd07FbaB72Ab385e6382dF03aEEE#tokentxns
continue to buy from 2 months ago to last 19 hours total collects 12.5M XYO tokens.

From my point of view there are at least two possibilities. Or is it someone from the XYO team who does not want the market to fall too low, or is someone who believes in the project and accumulates for when the price and liquidity will grow. Good luck!

I think that's what the XYO team is doing. This way they solve 2 problems - support the price of the token and reduce the number of tokens in circulation.

Looking more closely at this ETH address, I notice that there are only 5 transactions in the last 2 weeks, which makes me think that there is other then from XYO team, because they would have bought in larger quantities especially when the price has dropped in the past 48 hours due to the bounty campaign. Good luck!

We don't know the whole address that one is because i think he is partially buying the coin in the exchange when the bounty hunters are dumping the price. But surely very soon he will be making some tons of money once the price starts increasing in the market.