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/biz/ - Business & Finance

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56640908 No.56640908 [Reply] [Original]

Last time CTX pumped like this was the summer of 2022. The website for Cryptex Finance is still up. But they haven't posted anything in months.

So who is dumping money into this dead project? How high can it go?

>> No.56640916

>>56640908
Redpill me on CTX

>> No.56640970

>>56640916
The team shilled it on 4Chan right before BTC went to 69K (if my memory serves me correctly) it went for 6 dollars to 42 dollars in 3-5 weeks. At the time the supply was around 2.5 million out of 10 million total supply.

Now it's just under half a million total supply. Market cap is 12.7 million dollars. The two major exchanges that you can up the token on are Coinbase and Gemini.

>> No.56640999

>>56640916
CTX is a governance token for Cryptex Finance. The major 'product' they have is a token called TCAP which has direct correlation to the total crypto currency market cap.

The jannies always delete CTX treads cause scam... alot anons fomo'ed into it and lost big time. (Myself included.)

>> No.56641016

>>56640970
Why did supply lower so much?
>>56640999
Damn. Any hope for this token

>> No.56641039

>>56640916
The idea with TCAP is that you can short or long it with leverage on the Cryptex platform. The liquidity was supposed to be community provided. That's basically as much as I know. I don't long or short anything cause I don't have that much money to fuck around with.

>> No.56641068

>>56641016
They raised the supply in an attempt to raise money. Is there any hope? They still have their website up. You can still buy and sell CTX. It's a low market cap coin on a couple of major exchanges. I used to think it preform well for that reason alone. It might still do that. But profit is profit, the market cap doesn't really matter.

>> No.56641083

>>56641016
Last self bump; the market cap would have to be around 200 million for CTX to reach its ATH.

Current market cap is 12.7 million
Last week it was 5 million...

>> No.56641091

>>56641083
Yeah I think I’m aping in. Insiders must know something no reason for this to be pumping. Thanks for letting me know about this

>> No.56641150

>>56641091
Good luck. I'll make another thread when CTX goes above 5 dollars

>> No.56641159

>>56641150
Did you average down at least from the scam pump

>> No.56641168

>>56641091
Yeah insiders know that the dao voters are rewarding themselves more CTX tokens. I considered buying but received a warning email from gemini that they are reviewing whether to pause the listing on account of low volumes. That could still happen even with this pump since all the volume is on coinbase. Whoever pumped $8 million into this token has paid enormous fees to do so.

>> No.56641184

>>56641168
Even more bullish thanks for the info

>> No.56641258

>>56641168
Gemini is limiting selling CTX. I tried to sell all of my CTX yesterday and I was told that basically I could only sell around 100 tokens at a time... I've lost so much money at this point (I'll break even if it goes to 8 dollars.) that I'll wait for the project to do a fake recovery during this bull run to take profits... if that opportunity even presents itself lol

>> No.56641561

>>56641168
Just tried to move my CTX from Gemini to Coinbase... Gemini did not let me. (Tired moving different amounts as well.)

Really hoping this is a 'Funds are Safu' situation... not betting on it though.

>> No.56641608

i mean it was bear and they survived through it and are still working. people like to say it's a scam while shilling rose and other shit all day. just do your own research.

>> No.56641742

>>56641608
How do you know they are still working? I don't follow the team on discord or anything. I just look at the Cryptex.finance website, Twitter, and YT to see if they are still active.

>> No.56642133

>>56641742
It’s still mooning already up a good percentage. It looks like they are working on something called V2

>> No.56642237
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56642237

>>56641742
Ok this seems like a big deal

>> No.56642407

>>56642237
That came out a couple of months ago. (If I remember correctly) but you can't use it unless you own 2000 CTX

>> No.56642416

>>56642407
The 2000 CTX might have just been for early access.

>> No.56642765

>>56641561
Yeah gemini has really been letting me down the past few months. This is the only token I have that is still listed. My average is $1.34 and been holding about 8 months. I don't expect the price to hold after the 28th when arbitrum news comes out. The cryptex twitter posted a video of a guy who looks dead. He has an arbitrum sticker on his head and the 28th of november is circled on his calendar. The audio says something like "take a leap of faith" and there's a pi symbol on the television in the background. Their marketing is dog shit.

>> No.56642787

>>56642765
I just looked up pi and maybe it means the price is going to $16. Hell maybe it means the price is going to $80. It has a few different potential meanings.

>> No.56644354

>>56640908
do you think there will be a pullback? i found out about this token a week ago ffs