Post
Topic
Board Altcoin Discussion
Re: Red crypto market today
by
jorjeIII
on 09/06/2021, 14:43:42 UTC

Cryptocurrency need to have more liquidity not to be very volatily. Also tokens must be in demand to raise in price. Some projects burn tokens to increase the demand in it. https://twitter.com/CryptoArenaSDEX/status/1400739401785880576 Here you can see the result in burning tokens.

Now the fall of the market appear and some people even started the panic and sell their cryptoassets. But a lot of depends how useful is a project and how big is its community.

Fall of the market continues and the panic increase. But the most important than the project develop in all conditions inspice of the panic. I checked CryptoArena. It is a gybrid exchange. There is a big demand in SDEX even when market falls and there is a panic.