IE nomined this coin and suddenly it dumped.
That fag!
Before you post nonsense do just a bit of research first. When I named AXR as my daily pick it was trading at 4500, less than 2 hours later it peak at 7910. Then for 30+ hours it hovered above 6000 sat, and then it slowly started declining. Now it is trading at 4606 sat, 106 sat more before I picked it. What did you think would happen when there is no news and the community is not very active? Did you think the price will keep going up forever? During the time AXR was on the front page of Bittrex what did you do to get the word out? Did you Tweet or go into troll boxes and let everyone know why AXR is a good buy, or did you just watch the charts dreaming about all the money you will make as the value kept increasing? I spotlight new coins and it is up to the community to show why everyone should buy the coin I spotlight.
PS: Cryptocurrencies and all financial products go up and down in value. Learn the difference between dumping and a gradual price decline.
You're 100% right. I personally saw a great increase in prices and demand. Crypto and fluctuation are a match made in heaven, and I say this because being decentralized currency not a single individual can control price or demand, the only variable that can be controlled is supply when the coin is created. If everyone wants the coin to be on the top of the charts and continue to grow, the best way is letting everyone know how great this coin is, why you like and it and why would you advise others to use it. I think the release of AXR RMKT is plus, it will drive a lot of attention. A coin, wether is full of features or not, will grow only if we (the community) allow it to.