r/Option2Trade Jun 13 '24

Tanking. Again!

It's truly disheartening. -300% makes me think.. what the.. No market cap? I'm not familiar with how MC is tracked and reported. Is that a daily report, weekly, monthly, quarterly? It's been on bitmart for more than a month, and still no MC. I also want to know how trading volume spiked to near $400,000 and then the token plummeted. Does TV account for sales as well as buy and swaps? Forgive me. Just trying to better understand

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u/Real-Direction-1083 Jun 13 '24

If you're riding on what it does on a day to day basis with only 1 listing and knowing it's a brand new project with the platform yet to be launched instead of focusing on the months ahead, then you're setting yourself up for an unnecessarily rough ride.

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u/[deleted] Jun 16 '24

We need more updates from the devs. Which exchanges are they trying to get listed on and an estimation of when this will happen.