ALERT - DO NOT TRADE ON CRYPOBULLS EXCHNAGE IT'S NOT AN OFFICIAL EXCHANGE BY ARAW & THEY HAVE NOT BEEN ALLOWING WITHDRAWS! AVOID CRYPTOBULLS EXCHANGE!!!
That sucks, but It looks like the ICO buyers and airdrops/bounty holders dumped right away when listed on LAToken which is not uncommon. This drove the price down it appears, but it just happened very fast this time.
The good news is the project is very undervalued now with a marketcap under $115k! When ICO was done the ICO offered was at $.01 x 5,000,000,000.00 = 50,000,000 marketcap which would have made it a near top 75 coin. Anyone should have been able to do the math and see that was a bit high to start an ICO off for marketcap wise.
Still $115,000 the current marketcap is very low and is what I feel is the best opportunity in crypto right now. I would suggest to approach the looking glass differently and see what other projects that are similar are worth marketcap wise.
I see things like Smartcash and other coins/tokens that have market caps of $5,000,000 - $25,000,000 and don't have great websites, plan of actions (roadmaps), etc. like ARAW's. $115,000 is a very under valued marketcap regardless of the current market. I see this if the market stays the same at around $7,000,000 -$15,000,000 marketcap, so if you look at it that way; you can buy now and get 75-100x you're investment!
Personally, I loaded up when I found the project on CoinGecko last week when it was newly listed which was after the price dipped on LAToken, thus my opinion is different than yours, but still try to spin the negative to a positive.
I've been in e-commerce for nearly 20 years and a top Amazon USA seller and I believe in this project beyond the low marketcap it currently has.
I just can't see how this token does not increase in value when the API is live this QTR, the widget goes live and other things on the roadmap come to fruition.
Pair that with the lack of ARAW coverage online and media after the ICO. The only thing has been people tweeting the same thing for airdrops. Once people see what they are doing with their eco system and realize that this is an undervalued token; you should see reviews for it on youtube, blogs etc.
Then consider that there's other low hanging fruits as well that can boost the price by increasing the usage of the token in their eco-system. Example: once the API is done they could very easy make a Shopify and Magento apps/extensions etc. The reality is once that API hits anyone can help increase user base by offering/developing it for companies and sites which without a doubt should increase the price several times over.
All these things considered, I really do see a rally in the price soon. Even if the market goes down as a whole, the current marketcap is very undervalued. If the market takes off; this should hit my estimated marketcap price even sooner.
This is provided it's not a scam. I see the videos they have on their youtube page, their site, their Linkedin profiles etc- I don't feel like this is a scam at all. Otherwise I would not have invested my money.
Just saying, I'd personally would rethink my position in your shoes and buy them now before others become aware of the project and the API is live.
we can't be so sure about the opening price what in chart it's just lies it's about volume and which point was that 115k was offered , if u don't get listed on binance or bitforex or bittrex or exrates or upbit or huobi it's gonna be a shit coin for sure + i'm angry about the hard work how do you feel about working so hard for months and then someone bought 3m for free, i made 30000 tokens in months of hard work
at least it needs to be on majors that don't accept just any token