Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MUSICOIN]Volareo now processing pre-orders for Musicoin smart speaker🎸
by
SummersideGuy
on 13/10/2018, 17:36:13 UTC
Well it looks like maybe, just maybe we might of hit our bottom at 55 Sats or so. Looks like yesterday there was massive volume and we got a bump to 67 Sats.

I predict that the reason why we hit so low a price is due to the huge supply being introduced everyday. Hopefully there is a issuance reduction on this coin soon or miners will keep dumping and dumping and it will keep hurting the price.

The price being so low has nothing to do with Musicoin specifically. All Alt coins except the top few are suffering. I dual mine Music and Lbry, at one time Lbry was worth 6000+Sat with Music at 250 now it sits 655 Sat, that is a much larger decrease in value then what Music coin has seen.