Looks like I do not understand how the price is being determined here in the crypto space. A great product which is used by loads of people, regular updates, legit team, listed on big exchanges and it's only at 186th place in the terms of volume on Binance and we are still under ICO prices in both $ and ETH. Explain me the logic behind this.
Even further crash today and price reached close to 16k, will see it lower than this and reach 10k? 15 days to go for this month and I would like to see their promise of launching the exchange by this month.
You can not just look at a single coin in crypto, but also need to consider the marked as a whole. The 186th place is a valid point, but at this moment Eidoo tokens are not used for anything.
They will be used in the future, and the supply will decrease as well. When exchange launches the team will start earning a constant stream of revenue and the total supply will decrease equally of what they earn.
With so many projects that have a good potential future and the bear marked i am not supprised of the current prices. But if Eidoo succeeds and the exchange becomes big you will look back at this time and smile of what you were thinking - if you held. Alot of if though, but for me the potential reward is worth the risk.