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!

This one is not active enough I did not save the address I was watching on my tablet but it was active from bounty token release and during 24-30h period with transactions coming in every 1-3min bought over 20mil - then my tablet run out of battery. I dont think team is buying because that would be financially unwise - there is no reason to spend money to buy back tokens you gave for free.