Looks like adding LanaCoin had a very negative impact on DTR price. At least Merlak tweeted something about the exchange and DTR but it doesn't seem they will introduce fees and token burning anytime soon:
https://twitter.com/damianmerlak/status/1043061839830167552They probably expected and projected more users and daily volume by now but with so many exchanges out there without marketing and lack of trading pairs they can't expect more users magically appearing on their own.
Why do you think that? DTR is not being burned yet so... Besides trading LANA on Tokens will take fees as well correct? If its 1 trade per day or 1000 trades per day. Its actually impossible to please everyone.
DTR holders want users/trading and DTR destruction, traders should be happy because tradeng fees are not collected. Dont really see Damian and team be able to please everyone all the time.
Well, I never wrote anything bad about your coin, just stated the observation it's no coincidence that some holders dropped their bags after the tweet and LanaCoin addition which triggered the price drop of DTR by like 30%. I can see why someone would get frustrated with Tokens though. They haven't done much to add new pairs. You don't even have for example XRP on it yet (personally I think XRP is shit but it's 3rd in marketcap so...) but there is a bunch of Slovene coins/tokens. Which is welcome. Just... add more top 10, top 20 marketcap cryptos as soon as possible. I know you can get them all elsewhere but do you want me to get them elsewhere or you want me to use Tokens? You have seen the latest spike in interest in XRP. Wouldn't be cool to tweet and advertise Tokens as a place where you can trade XRP with no fees when everyone was eager to buy it? What actually bothers me is the lack of communication from Tokens team with the community. Damian tweets something every 2 months and that's it. They missed the mobile app release date. It's October already and still no news. At least update the roadmap and let us know. Another thing is the promotion period. There is no marketing done. According to the whitepaper, 20 % of the ICO funding should be reserved for marketing. That's fine if they are waiting, whole crypto market needs some catalysts to turn bullish and bring in more people investing every day anyway but there are other means in how to bring in new users. There are bounties, referals, etc. You can check out what Binance did, they nailed it. You can't just expect new users joining on their own if they never even heard of Tokens or why would you switch to an exchange with very small market depth for most of the trading pairs when you can use the established counterpart. It seems like running in circles. This no fee trading doesn't help much if the orderbook is empty and sometimes you can't even trade more than 1 usd worth of the coin so there is not much advantage in it for me as a user.
On the other note to share some positive thoughts. The trading is very smooth, platform and withdrawals are fast.
I fully agree here. The product might be good (and it is), but it's not enough if volume is low and there are now market makers. I also agree on adding top 20 coins. That is how the volume will be generated. Afterwards the small coins will pay for them to be listed.
The team updates are quite frankly pure shit. No communication at all. I only see Merlak's tweets "We are working", "I am on the beach", "Every start-up needs time"...