Ninjastic
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Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
jkoil
on 27/02/2021, 09:31:18 UTC
Quote from: adamvp on Today at 08:17:30 AM
Quote from: jkoil on February 26, 2021, 08:09:53 PM
Quote from: adamvp on February 26, 2021, 06:37:18 PM
Seems to Symbol (XYM) fork/airdrop/launch (?) was already included in XEM price.. and now it starts going toward south again :/
I would also ask: when catapult launch? ;-)

Likely your eyes are not seeing very far Wink

XEM price is now at least in the same level than it was before the announcement of snapshot day.
And it is higher than month ago. Clearly going up ...


I am afraid it rather means it was only pump and dump using XYM as excuse only to make reach big whales by encouraging  average  people to buy whales coins on the top, beguiling average people something big will come..

"was" ?

I think the rising is not over.
And it is logical, because there is time to buy XEMs, which have the characteristic XEM => XEM + XYM.
It is the same as with the companies' shares in the stock markets; As long as the dividend is not extracted from the share, the price may rise. But after the extraction the price drops.


"only pump and dump"

It is not easy to prove, because there may be people who are trying to gather more XEMs. It is not easy to buy more and still keep the price low, because there may be sellers, who have bought a lot of XEMs at 500 sat.