Post
Topic
Board Tokens (Altcoins)
Re: NMX Nominex token
by
o48o
on 19/07/2021, 10:06:00 UTC

Some tokenomics can survive both the bear and bull market. Out of most of the altcoins in last bear market, BNB thrive so well. The team token was locked religiously and an unprecedented token burn at ridiculous amount throughout the year. Similar token management is engaged with nominex.

What you you mean? I see no similarities in anything, not tokenomics compared to price action or fundamentals. Nominex doesn't burn any NMX and i don't think that team token locking phase would explain this price action as it's pretty standard procedure.

Liquidity has also been quite low compared to explosive value increase since their original token sale.