Re: [ANNOUNCEMENT]✅ P2P Cash | The new way of send money worldwide✅

I feel sooner this token will go to 2 satoshi, why? because I see so much people dump it on https://crex24.com/exchange/0xCASH-BTC
Tens of thousands and even hundreds of thousands of tokens were sold in the blink of an eye and it happened after the second wave of bounty token distribution, which was several hours ago. It was obvious that many people gave up and sold their tokens quickly. Embarrassed

This is what happens when there's no use case to back the token before bounty distribution, maybe if there exchange was already launched or near launch in sequence with the bounty distribution, the effect of the hunters dumping the tokens wouldn't have been this bad on the price of p2p token, and I must add that hunters shouldnt be blamed if this project fails as a result of this dump cus the token already dumped really hard even before bounty distribution began.

It's not about the usecase but the thing that can prevent the dump was the trading volume. I meant you must not also put the usecase as the indicator to determine whether coin can be dumped or not.
There are bunch of coins with the usecase but it was also getting dumped due to the low of liquidity.

I can take CRPT as an example even when the bullish trend is still happening and it's still getting stuck at the same place without any volatility.

Quote from: pantek talacuik on Today at 12:41:34 PM

Very sad, is the team not going to make any action about this? Has the team given up? maybe i will see coins that have no price back in my wallet. Hope what we will look forward to again.

As far as I know if the team has nothing to do with the dump that's caused by the hunters but in this case it looks like the hunters are not a party who can be blamed. When the hunters have received their tokens and they can do whatever they wanna do to their tokens. The team has not given up and I'm also still actively watching the telegram group of this project too.

As far as I remember, the value of this token was already declining even before they started to distribute the first wave of bounty programs. So we really don't know how solid is this platform. We will see their potential once the dump from the hunters is over. If they can rise up again? Are they going to push thru their payment ecosystem? Or just another pnd token?