Only 6.4BTC on support side for price to drop for 25% on bitrex..
Only 1.6BTC on support side for price to drop 40% on CCex..
For 7.8 market cap coin this is hilarious..
The market cap is also fake, a few people trade xaur, and support is thin, does the team own most tokens?
Definitely the team does not own most of the tokens. They have less than 3%. If you really understand Xaurum you realize that the creators can not "print" Xaurum out of thin air, they must buy gold for their Xaurums also. So even if they would have a lot of the tokens, that wont be a problem, but I know them personally so believe me they don't. On the other hand I personally know top 5 holders and they are all calm, because like I said before - when you really get the point of Xaurum, you realize that the Xaurum can work on the piece of paper. It does not need blockchain or "cryptocurrency technology" to do its job. We are using Ethereums platform just for "transporting" Xaurum from A to B.
Hacks are something normal in technology world. If Xaurum would be just another "shitcoin" printed out of thin air, the hack would compromise it and probably destroy its journey. But because of the physical gold behind of it - and the gold can not be stolen by the hackers, it has real value, no matter the hack.
I am 100% sure that after devs solve the problem in a next few days, we will see market price stable again, if not even higher and I am not pumping.
Merry christmas to all!