I'm a bit unsure about dent. I hope that everything is good with dent. but still, I'm worried.
At the moment there are so many rumors who making the condition more critical we need clarification from the team on current situation. I hope so all will be fine in coming days.
But the team won't give clarification!!
in fact they have confirmed that the DENT they hold can be sold at any time according to what is in their WP
they explained that the results of the sale of tokens they held were used for DENT development purposes, one of which was to include DENT in several exchanges that required substantial funds.
I got the statement from their Telegram
Thanks for the info. I dispute this reasoning. They hold millions of USD worth of ETH and Binance has recently gone on record rebutting claims of requiring millions of dollars to be listed on their exchange. Even if Binance did require it, thats an appalling use of funds considering the listing has done nothing but provide more buyers for the devs to dump on by their own admission and reducing the portfolio value of everyone who showed faith in this team. The overriding duty of a company is to maximize profit for their shareholders - NOT themselves at the expense of the shareholders. They have shown their true intentions - to generate as much wealth for themselves as possible while the rest of us stare at 80-90% losses or more in some cases. That's not how you encourage or incentivise people to invest and they are dreaming if they think anyone will hand over more money to them for their worthless DENT tokens when they have now proven it is their mission to dump the price and extract as much revenue from buyers as possible. Back in the day we used to rip apart these 'dev pre-mine' scams but it seems to be trend now to worship the developers even as they cash out on the backs of those who handed over money in good faith. If they said at the start 'Hand over your BTC for DENT and we will drop the price 90% over the coming year and the only person making any cash on this transaction will be us' - I guarantee you no one would invest and if they say they would on that statement then they are a damned liar.