Price is collapsing. never thought that rupee would be at such low price.
7 months ago in October 2018 this project had a market capital of $11 million and each RUP was worth around $0.44 but this is one of yet another project with no real plan and no real progress either.
I am not surprised to see this sink.
Yeah , the story has been unfolding on Telegram . . .a bit of a miserable story . . but the outcome is another coin , seperate from RUP , called RupEvo . . . .the RupEvo team are made up of people who like yourself , are fed up with no investment , plan , work or progress on the RUP coin . . . here's a link . . https:/[Suspicious link removed]/0PpBG1Ctyi
To clarify the situation , for people who only look at their RUP coins once in a while . . .a group of RUP holders have felt that the RUP team , who did the relaunch in 2017 , have not been working on development enough , the RUP coin has been allowed to stagnate .
The core RUP team is now one person , Faraz Choudry , who is waiting for the bull run to improve the price of RUP . So , the group of holders , competant with IT skills , have developed a seperate coin Rupee Evolution . It was felt that so much work had gone into RUP , much of it by volunteers, and that work could not be allowed to go to waste , the original concept of RUP was still good and the potential market of India and SE Asia is massive.
The new coin , Rupee Evolution , is connected to RUP , but not dependant on it , a swop from RUP to RupEvo is being made possible shortly . This is not like the RUP 1 to RUP 2 swop that we had last year , this is a voluntary swop , for people like myself , who bought into RUP when it was alive and progressing , but now see it stagnating . It is anticipated that as RupEvo progresses it will have a positive impact on the RUP price , this is due to work being done on RupEvo with RUP as a dormant passenger .
Initial swop from RUP to RupEvo is anticipated by end of May 2019 , whitepaper and website are in the pipeline . . the Telegram group where the active discussion takes place is Rupevolution.org . . . . this swop is not compulsory , it is for RUP holders who wish to be involved with a project that has an active team , positively working on development , not sitting and waiting for a bull run in crypto to improve the price .