the price is still very low and I think it is still a long way to increase the price of this coin, and it will probably take a long time before finding a good exchange
That yobit problem hit the price badly.
Now we should wait for a platform to be ready and of course better and bigger exchange for the listing.
Indeed
SOMA's vision is a long-term vision. You have to look futher then what is happening now. Knowing the tech team is working hard on the developments and everything is going as planned. 2018 will be a great year for SOMA! Just HODL and check back in a year! You will see it all was worth the wait!
Isn't that a little bit counterproductive? They asked for a higher volume before they give a go on sct being listed, while (at least in my opinion) we need their exchange to lift our volume, the low trading volume is mainly because there were no decent exchange out there.
Or, we can trick the volume by revising your airdrop rule. Maybe if we put the terms where the bonus will be given to token holders from, say like, 25th of december or 1st of January, there will be a movement as people trying to accumulate more before the date of "lock down"
If a normal and interesting project then the volumes will be on the ED. You look at the PRL project. There daily trades for 300 thousand dollars and this token is not traded on any exchange. When a project brings something revolutionary, then everyone is interested in it.
If a token (or coin) has a unique feature, then yes, their daily volume will goes up by themselves due to trader's demand. But on sct case, the high volume can not be achieved or at least it would be hard to get there (and thus, it can't be listed on third exchange due to their criteria is not fulfilled) because soma gave a "lockdown rule" for their airdrop which, unfortunately, also supported by our recent condition where the only working exchange is ED. This will make people think they better hold their token due to the lack of decent exchange in hope to gain profit on the airdrop or until the third exchange announced.
Now, because most people will hold their coin until a better exchange come, there will be a low trading volume. While at the same time, the third exchange is also waiting for a decent volume to give a go. Unless one party decide to give in, we're stuck here.
Thus, I propose that soma can devise a plan to break this situation by revising their rule of airdrop, where the token "lockdown" will be effective from, like, one more week or anything. This will hopefully create a huge demand as strong investors would start bidding to gather more coin while weak hand will let their coins go because they get a decent price.
Those who want to sell quick will be happy because they can sell.
Those who want to hold more will be happy because they get their wishes.
Volume will increase and we'll meet the third exchange.
Everyone is happy
