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/biz/ - Business & Finance

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20006793 No.20006793 [Reply] [Original]

Whales are eyeing XSN more than ever since the DEX pulled orders off of Binance. We want more masternodes.
The impact this can have on the entire industry is especially powerful for it's tiny market cap and the available supply for sale is <1%

>> No.20006973

>>20006793
Dex release should send it to $1 easy

>> No.20007061

>>20006793
based

just checked their only exchange livecoin. 690.000 XSN for sell there. CMC circulating supply: 102.000.000. Not a lot of Masternodes left...

>> No.20007235

>>20007061
just like hand sanitizer for a week or two in april
scarcity > getting listed on binance :D

>> No.20007251

>>20006793
At this point i'm not even doubting we could reach $10/xsn in 2021

>> No.20007562

>>20007251
Raiden integration alone could make it go above $1

>> No.20007673
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20007673

>>20007562
Raiden integration might be happening sooner than you think if what I hear is true

>> No.20007775
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20007775

>>20006793
1 billion $ marketcap is first target
10 billion $ is second target
100 billion $ is realistically third target in the upcoming bull market

>> No.20007912

>>20007775
At $1B Mcap that would be just over $10 XSN, an MN would cost $150k and it would get $80-90 a day in block rewards alone per MN. Then add on top of that trading fees earned by the DEX. If the DEX does $1B in volume daily then that would make $2.5M in trading fees which between 2000 MN would be $1250 a fucking day per MN.

>> No.20007940

>>20007912
Oh also forgot about 10% burning of XSN from DEX trading fees so that would be $250k worth of XSN burnt daily top decreasing supply making it even more scare.

>> No.20008035

>>20007912

Are the fees in xsn or in btc or the currency that was traded? 1 billion is lofty.

>> No.20008109
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20008109

>>20008035
>1 billion is lofty.
its not. there are literal scams valued that high or higher.

>> No.20008122

>>20008035
fees are in whatever currency the trade was in. You don't need to own any other coins other than the ones you want to trade

>> No.20008211

You guys are shilling too hard. It will pump a lil bit and then will continue to die forever

>> No.20008214

>>20008122

Help me understand . If nodes get fees and xsn rewards, why would anyone do staking which just gets xsn.

>> No.20008276

>>20008214
Fees can be collected from user in any crypto they want, that crypto is then swapped into XSN from the DEX and distributed to the MN’s. This creates a constant buy pressure from trading fees being converted on XSN

>> No.20008318

>>20007775
kekd
>>20008211
$100 billion is fud :D

>> No.20008348

>>20008276

Yea but from what I read on the site there’s staking and there’s nodes for services. Why would anyone stake if u can just run a node. Their site says 9 to staking and 9 to a node. So if nodes get fees from dex, what’s the point of staking.

>> No.20008362

>>20008348
Because not everyone can afford 15k XSN to run a MN

>> No.20008666
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20008666

>>20008362
New DEX and wallet update, 2 today