Post
Topic
Board Speculation (Altcoins)
Re: Sovryn
by
senyorito123
on 19/06/2021, 22:51:33 UTC
BabelFish will be the first project to raise funding on Sovryn, then Mintlayer if the SIP is approved by the Sovryn community.
If the projects holding funding on Sovryn are successful and bring profits to investors, I'm sure many projects will join Sovryn, as well as investors. And I hope that in the future there will be a provision to hold a certain number of SOV tokens to participate in IDO on Sovryn to increase the price of SOV tokens.

Increasing the price of a certain token isn't easy for developers, because it needs a lot of patience in order that their capabilities will handle pressures in times of crucial market situation. SOV is a new token, and despite the fact that it's hot for all investors the volatility will be a hindrance for its fast growing trading volume. Just like the old coins I got, price wasn't able to recover yet how much more for newbie projects.