Post
Topic
Board Altcoin Discussion
Re: Blockburn, A big Failure
by
Darktongue
on 07/05/2020, 11:55:12 UTC
I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?
This is not unusual to me though, There are many projects that happened the same thing. Blockburn team should have divided their blockburn tokens into different date distribution to avoid this kind of dump in the market. If the team is serious in the project, This would bounce back near to the initial price, Maybe the team is waiting the bounty hunters to sell all of their rewards then bring back the price to the price it should be.

I think BURN token didn't reach the whopping 0.93 USD  Huh
Bounty rewards isn't distributed yet, how team is waiting to dump the price by bounty hunters. I think team members is dumping the price. Although this project still legit to me, so we can blame for market situation.