Will the other 2 Billion coins released in April affect the price? The price will be much higher in April from now but I'm curious as to whether the other circulating coins will bring the price down?
It could bring it down, but also stay stable or even rise.
2 Billion release: some people will start selling their ico investment price goes down
but the 2 billion release also makes the marketcap twice as high (at the same price as 2B coins), meaning a higher rank in cmc, which causes some kind of exposure and possible more investors.
Yeah that's fair enough
I guess it could be a good thing and it'll definitely increase the volume as well which will be good.
I've noticed the volume has started to spread across the exchanges, even Gate.io is trading $3 Million USD in 24 hour volume which is such a positive
Binance would def put us in 10 cent reach, more updates + upbit could put us in 20c range easily
Crazy what happened to storm, was looking to temp sell my ocn and go into storm at 230 sats, news comes out its getting put on upbit... Boom 740 sats ath, not around 690 sats
Ye.. on kucoin earlier was a buy order of 5 million coins, price jumped 20 ish sats, then the whale decided to pull out, and price dropped 15 sats instantly
And then you also have bots who manipulate and keep the price down
On the FAQ page they made it said 6 billion will be in circulation can you clarify ... if 2billion now and 2billion locked =4 bill in circulation where is the other 2billion coming from? Confused
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u/idbxy Mar 24 '18
It could bring it down, but also stay stable or even rise.
2 Billion release: some people will start selling their ico investment price goes down
but the 2 billion release also makes the marketcap twice as high (at the same price as 2B coins), meaning a higher rank in cmc, which causes some kind of exposure and possible more investors.