Did the team gave any timeline for a new exchange listing? Because the price tanked a lot in last couple.
No, they didn't mention any specific timeline when they are going to list the coin in other exchanges, i hope for listing the coin it will take some time because recently they issued the tokens to bounty people which we can see some major dumps in the market. Mostly the company and other people will grab the coins at the current price because the price of Bidooh coin is very cheap.
They issued bounty tokens already? That could be one of the reason why price fell so low but didn't they had a plan to release only 50% of tokens first?
In fact, they distributed all the tokens to the participants of the bounty campaign. Originally planned to do it in parts. Whether it was a mistake or it was done intentionally is not clear yet
I went through some telegram messages and can confirm that team intentionally released all bounty tokens at once which IMO is the reason that we saw such price crash.
This price was before the bounty was paid. Bounty practically did not affect the price of the token. The participants of the bounty campaign simply have no one to sell their tokens because trading volumes are very low
After bounty distribution, many people expected that the price of Biddoh coin will decrease but there are many people holding the coin in the market. Maybe once the price of Biddoh starts increasing people will start selling them in the market. Maybe after one year, they will start decreasing the supply by burning model and it will really help them to increase the value Biddoh coin.
A year from now, a lot can change. If investors did not make a profit immediately after the ico, the risks are greatly increased. Many projects within 1 year ceased to exist or changed the economic model. What if the current economic model of this project in a year in practice is not competitive? In this market you need to act quickly