/biz/ - Business & Finance

TL;DR -- $2.5mil mk cap XNS MAY BE RADICALLY UNDERVALUED DUE TO POSSIBLE PRICE MANIPULATION AS INSOLAR ATTEMPTS TO AQUIRE HALF THE TOKENS FOR A TOKEN BURN (possibly "encouraged" by SEC).

1/1

>be Inslar circa 2018
>realize that they cannot provide clients with the services they request /w ERC-20 token (INS)
>decide to switch to mainnet + native token (XNS)
>token swap (INS>XNS)!
>tokenomics of XNS network will require additional pools of XNS to be created (primarily for staking incentive pool req. for network security)
>token dilution
>be ICO investor
>REEEEEEEEEEEEEE!

Investors were pissed, but token dilution was obviously not conducted due to greed but rather to switch to mainnet so that Insolar could actually provide innovative solutions and be a serious competitor in the space.

At this point perhaps there would have been a sell off; pissed off ICO investors jump ship; but price would have stabilized and then recover as Insolar expanded their network and onboarded clients that they could now provide the requested services to.
BUT THEN:

>be SEC
>drop 2019 Framework for Investment Contract Analysis of Digital Assets
>Insolar (((lawyers)))
>FFS!
>SEC framework would consider XNS to be a security if they don't vest ICO investor's coins retroactively
>Insolar clients are Wall Street giants
>Insolar MUST be SEC compliant
>sorry faggot ICO retail investors...your coins are now locked

A perfect storm: the combination of the unpopular token swap with the SEC regulations was a double whammy that crashed the price of XNS. All of 2020 has seemingly been a nightmare for Insolar as they have nonetheless attempted to conduct this swap in a legally compliant way. No exit scam here. They’re grinding away to recovery from the huge setback. They have even been MANUALLY swapping coins and had to extend the deadline multiple times. However, suddenly in late Nov 2020, BOOM:

Is this anon schizo or is XNS (Insolar) about to explode?
>>28481011
Pajeets gtfo, only high IQ who realize that XNS might unironically be hyper suppressed right now due to wash trading as the devs attempt to buy back as much as possible.

Artifically supressed price = retardedly low mc. Low MC = HIGH REWARD
Risk is of course high but not higher then other blockchains. WHY ARENT YOU IN INSOLAR(XNS)?

Remember low mc coins always pump lasts, they do pump though.

Remember low mc coins always pump lasts, they do pump though

Remember low mc coins always pump lasts, they do pump though