Following up and taking data from their recent AMA into account it all comes down to the following points imo:
- Number of deployed XPOS is not clear and not very like to increase. Hence transactions are non existent.
- Removing fees to burn NPXS will further work toward the goal of decreasing supply and making more and more investors nervous.
- Exchanges might come to realize the several flaws in their execution plan and will opt in to fully delist due to no demand and low liquidity.
Until they sort out their tokenmomics and start doing the things they marketed when doing ICO this project should be a red flag for any sane person.
Some argue , it's a great team , they have working products , great partnerships , we have a bear market all coins are down, projects like this need time to grow.
Yes , i get it. But for this early investors our there ask yourself this: Have they been delivering on the core elements they promised when you bought in ?
That said, the price action is likely to further decline with more and more people losing interest and no significant removal of supply.
Happy New Year and good trades.
- Number of deployed XPOS is not clear and not very like to increase. Hence transactions are non existent.
- Removing fees to burn NPXS will further work toward the goal of decreasing supply and making more and more investors nervous.
- Exchanges might come to realize the several flaws in their execution plan and will opt in to fully delist due to no demand and low liquidity.
Until they sort out their tokenmomics and start doing the things they marketed when doing ICO this project should be a red flag for any sane person.
Some argue , it's a great team , they have working products , great partnerships , we have a bear market all coins are down, projects like this need time to grow.
Yes , i get it. But for this early investors our there ask yourself this: Have they been delivering on the core elements they promised when you bought in ?
That said, the price action is likely to further decline with more and more people losing interest and no significant removal of supply.
Happy New Year and good trades.
TB