Post
Topic
Board Altcoin Discussion
Re: No trading volume is same as dead coin
by
wxa7115
on 11/01/2020, 18:21:12 UTC
Are coins and tokens that have good value like 0.02 or even 0.2cent on exchanges with no volume the same bad news as coins that haven't made it to an exchange yet? what do you guys have to say about this? i am currently holding two different tokens with good value but no trading volume, any hope for such projects?
There is still hope if the project team is serious in carrying out the project. If the project runs and the promotion from the team continues, there is still hope for the token price increase.
Just a question, how many projects do you know that do something like that? Most developers do not really have the patience to wait and make their project a success and to stick with it for years, what happens is that the developers do not really have a strategy about how to deal with that scenario and once they find themselves to be in that scenario they do not really know how to react.

The most common reaction that I see from those developers is to just abandon the coin, that should not really be an option because they are betraying the trust of their investors, but in this market that is nothing really new.