Hello Friends,
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.
News info:
$530M worth (500 M coins) were stolen from Coincheck, worst hack.
cryptocurrencynews.c...st-crypto-hack-ever/
Then
NEM team has confirmed that stolen coins can be traced and tagged.
www.google.com/amp/s...ed-nem-team-confirms
Coincheck is ready to refund the amount, I assume they would provide it in the XEM.
api.cointelegraph.co...by-community-support
Technically :
Price is moving in the symmetric triangle
Entry 0.00007500-0.00008600
Stop loss: 0.00006400
Target : 0.00019000
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.
News info:
$530M worth (500 M coins) were stolen from Coincheck, worst hack.
cryptocurrencynews.c...st-crypto-hack-ever/
Then
NEM team has confirmed that stolen coins can be traced and tagged.
www.google.com/amp/s...ed-nem-team-confirms
Coincheck is ready to refund the amount, I assume they would provide it in the XEM.
api.cointelegraph.co...by-community-support
Technically :
Price is moving in the symmetric triangle
Entry 0.00007500-0.00008600
Stop loss: 0.00006400
Target : 0.00019000
Comment:
We are on the support.
Comment:
#XEM on support, RSI down to earth. So I expect an upside.
