/biz/ - Business & Finance

Many of you might be wondering why this shit dumped.
I'll tell you.
Yesterday there was a massive legitimate FUD wave in their Telegram.
Apparently the team is dumping a MASSIVE amount of tokens on exchange in order to "follow muh whitepaper and increase circulating supply so there is more liquidity for new people to join the project". They also had a poll in their Telegram for whether or not they should hold a buy back (these don't work in such a volatile market by the way, not to the investors advantage either way).

The admin is a literal moron drone repeating the same dribble the whole time.

This project literally has nothing ready nor prepared besides a mockup of what is to come. There is no pinned message in the chat (very pajeet), CEO has not yet made a statement after the wildness in Telegram.

Also the FUD campaign that was launched against their competitor, NEXT, was instigated by XBASE, this has been confirmed by Nenad.

There are no bank cards coming, there is no platform coming, the token has no utility, except reduced fees, kek, this will turn into a dumpster fire.

Team scammed the investors and are now exit scamming. Banning everyone in the telegram.

I have $45K USD worth of these tokens.

You have 10 minutes to persuade me NOT to market dump them right now and buy a legit coin. 10 minutes to tell me why I should keep. Otherwise I am dumping these on the team.

>>13191213

Also, the fact that they are going to be operating as banks, giving customers bank accounts (IBAN) etc. is very different than what we have seen. Could that explain? I'm trying to figure out who is behind these massive buy orders considering it's a very small mcap coin (2-3mil??)