Post
Topic
Board Announcements (Altcoins)
Re: [ANN][TOKEN] XYO - Decentralized Crypto-Location Oracle Network. Sale 20.03
by
Losiana
on 17/07/2018, 08:32:13 UTC

I will wait for the official listing. Now the price of the token is low and only after the launch of the platform it will grow.

Precisely right. You cant expect price going up just bcs they list on popular exchange, even if they did list on exchange now the price of coins wont skyrocket and it's a fact. Gamma is still going, decentralized market is still on even when listed buying on IDEX would still be cheaper. That might up the price abit but it would only benefit traders who bought coins on IDEX and not from official project site. Price will go up when mainNet platform go live and ppl and business will actually start to use it, pay for it and generate actual profit. Listing now has 0 benefits to investors and project - period. Price wont go higher than ICO even after fast listing if they dont have a working platform. Project is still selling coins directly if they dont sell it through site - there is no benefit for them, investors who bought through site did a KYC and paid much higher price in comparison with IDEX or DDEX that gave them benefits of airdrop and more, these 2 sides wont benefit from listing so it's natural and logical decision not to do something a bit stupid that only benefits 3'rd party scavengers...           

I think the team needs to make a small airdrop for the xyo token holders. Before the official listing. Thus, holders will have an incentive not to sell their tokens.