To start with, this is the CMC chart: https://coinmarketcap.com/currencies/qash/
As we can see, the price is about 4x the ICO price now and trading volume is also 4x. With the massive dump yesterday, btc bleeds and altcoins bleed even more. Qash was pretty good and holding its position between 0.0028 and 0.0030 eth. The ICO price is 0.0008 eth.
Tracking the trading volume, base on CMC, it has been exponentially increased. JPY - QASH trade volume was the highest, meaning QASH is well received by Japanese as it is the first regulated ICO in Japan.
Currently QASH is only trad-able in QRYPTOS and QUONIEX, these two exchanges are owned by QUOINE, which is the issuer of QASH. HASHTOKEN and GATE.IO listed QASH yesterday and day before respectively despite there was no official announcement.
We we are waiting is the listing of QASH on BITFINEX and CEX today. BINANCE is also tentative for 1st Dec listing, yet there is no information on that.
This is the current holder of QASH: https://etherscan.io/token/0x618e75ac90b12c6049ba3b27f5d5f8651b0037f6#balances
As we can see, most of the token are still in exchange, which represent 83% of the total supply. I bet the top 10 are the partnered exchanges (Bitfinex, Binance, CEX, EXX etc) and institutional investor. Be mindful that only 4950 people participated the ICO and it is not a lot, since last week, weak hands are already exited the market. The token is more centralised now than the ICO stage. How this play out, I don't know, I can only forecast that we should see a massive pump once it hits the big exchanges in the following couple days. Because following reasons:
- The bounty will be calculated and CMC will update the total market circulation, since all altcoins bleed now, Qash will be easily in the top 20 or 25 rank. This will trigger massive FOMO, speculation and most importantly, the market exposure, with people that do their research, they will see this is a hodl coin and they will not sell it until it 10x.
- People can buy the coin easily from major exchanges, churn the volume up, when there is more people hodl, the less supply and higher the price
- As the exchanges holds a lot of QASH, rumour says Bitfinex 60 million coin and Binance 15 million coins, unless they want to dump and pump the coin, ordinary whale will not cause massive dump, even there is, the effect will be minor.
So I urge everyone pay attention to this coin as if you miss the boat in the next week, the ship has sailed.
if this still a speculation and I will not try to pay all of my attention into the QASH. many people are saying the same like you to hype the project. But there will be a lot of requirement to get listed on all of the major exchange sites. When you seeing about the fact that was a difficult thing to be achieved by the developers. As we can see, the price is about 4x the ICO price now and trading volume is also 4x. With the massive dump yesterday, btc bleeds and altcoins bleed even more. Qash was pretty good and holding its position between 0.0028 and 0.0030 eth. The ICO price is 0.0008 eth.
Tracking the trading volume, base on CMC, it has been exponentially increased. JPY - QASH trade volume was the highest, meaning QASH is well received by Japanese as it is the first regulated ICO in Japan.
Currently QASH is only trad-able in QRYPTOS and QUONIEX, these two exchanges are owned by QUOINE, which is the issuer of QASH. HASHTOKEN and GATE.IO listed QASH yesterday and day before respectively despite there was no official announcement.
We we are waiting is the listing of QASH on BITFINEX and CEX today. BINANCE is also tentative for 1st Dec listing, yet there is no information on that.
This is the current holder of QASH: https://etherscan.io/token/0x618e75ac90b12c6049ba3b27f5d5f8651b0037f6#balances
As we can see, most of the token are still in exchange, which represent 83% of the total supply. I bet the top 10 are the partnered exchanges (Bitfinex, Binance, CEX, EXX etc) and institutional investor. Be mindful that only 4950 people participated the ICO and it is not a lot, since last week, weak hands are already exited the market. The token is more centralised now than the ICO stage. How this play out, I don't know, I can only forecast that we should see a massive pump once it hits the big exchanges in the following couple days. Because following reasons:
- The bounty will be calculated and CMC will update the total market circulation, since all altcoins bleed now, Qash will be easily in the top 20 or 25 rank. This will trigger massive FOMO, speculation and most importantly, the market exposure, with people that do their research, they will see this is a hodl coin and they will not sell it until it 10x.
- People can buy the coin easily from major exchanges, churn the volume up, when there is more people hodl, the less supply and higher the price
- As the exchanges holds a lot of QASH, rumour says Bitfinex 60 million coin and Binance 15 million coins, unless they want to dump and pump the coin, ordinary whale will not cause massive dump, even there is, the effect will be minor.
So I urge everyone pay attention to this coin as if you miss the boat in the next week, the ship has sailed.
I agree, but it has already been listed on bitfinex and Binance also admits to list Qash but date unknown, so does CEX.
I would say once the bounty program over and total circulation calculated and update on CMC, the FOMO will finally kick in, which will be the end of first week of Dec.
