You all know, a recent attack on Japanese exchange and XEM coins were hacked.
lets do the math and read the news.
1) Max/ Current current supply : 8,999,999,999 coins, 500 M coins direct deduction / reduction. Hackers wnot provide the coins again and they cannot sell because it is tagged by the NEM team.
2) Coincheck going to refund the money I assume it is XEM coin, then it has to be bought. So 500M buy again which is going to be the huge one.
3) We all know XEM is fundamentally strong.
Considering all the above, I recommend a buy.
$530M worth (500 M coins) were stolen from Coincheck, worst hack.
NEM team has confirmed that stolen coins can be traced and tagged.
Coincheck is ready to refund the amount, I assume they would provide it in the XEM .
Price is moving in the symmetric triangle
Stop loss: 0.00006400
Target : 0.00019000
Whether it is hacked or I bought the coin, can they change the ownership of my coin? Hope you got it. If they can change the ownership, it is going to be the disaster. If XEM team can change my ownership to another which is another hack. I believe it should not be the case.
They can mark those coins as hacked as per the team news.