Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency
by
Roidz92
on 06/11/2018, 19:23:44 UTC
I don't really understand why this coin does not move at all. I've been in it for quite some time now, and regardless of the news, the value does not seem to be able to break 26 sats. Why?

The beginning of the month is the dump time as holders receive their monthly share. Someone does not care and sell the free token for other pairs. That is the main reason.
The second is the low price / huge spread in percentage by trading npxs against btc. Not many traders would take risks as every satoshi is quite a difference.

Yes, many people sell those tokens to earn some profit.
Usually airdrops cannot increase the market capitalization. So, if 7% of tokens are airdropped. We should expect the price to fall about 7%. It's normal.
only 7% is still normal, prices will stabilize after all European participation sells their coins, preferably focus on development goals

Definitely after the percentage decreases, some investors decide to lock in their profits or leave the project, but I still think that it is appropriate to keep tokens for a longer period, at least 3 years while bonuses will be distributed!

True, probably some people will leave, but will be few.. AND, if on december the bonus finishes, all the people interested in leave it, would have been left atleast couple month before, like october and now... that's why we have such a low price.. no one wait till the end to sell.