Post
Topic
Board Tokens (Altcoins)
Re: 🔥[ETT]EncryptoTel: Secure VoIP and B2B blockchain communications infrastructure
by
Chiyoko
on 01/10/2019, 17:44:14 UTC
I remember this project back in early 2017. Then it was all interesting. Now I went to the Coinmarket and saw the volume of trading. It became sad. What kind of news is there on development? or is everything quiet?
Same here, I also thought this project would become very competitive in the market but until now, they can't give a good liquidity to investors.
There might be some good updates, I see that but people in the market are more focus on the value and the price and then they will look what is happening inside if they are satisfied with the factors I've mentioned.

Its unfortunate that from 2017, its trading volume has never reach to $100usd based on https://coinmarketcap.com/currencies/encryptotel-eth/

There is no liquidity, they do not want to buy a token - hence the low trading volumes.
This does not mean that the project is dead, but support says that there is a work product. So this product is not used and it is not needed. And the price of ETT is lower and lower.
Its been a long time when they say there are working product but the price continue declining i think they need marketing to make the price up again , there so much lost from ICO investors that still holding this token.
The price continues to decline because no one needs the token itself.
There are many such projects that collect money and issue a token that is not needed for the project to work.
As a result, there is a product and there is a token but they are not connected. Half of the bitcointalk is like that.
and this the problem need to be solve by the team members they need to have use cases of the token to get more value. . project without use cases of the token will ending up to be a dead project .