Topic: Name ETHAX sounds like ETH (Read 162 times)

Yes, there is no information about the token sale at all. The project just launched at a certain price that was invented by the project owners and then mass sales of exorbitantly expensive tokens to retail investors began. No fair distribution and a fair price, which was formed by early investment, is out of the question. The capitalization of the project is unknown, but there is already all the maximum supply in the market, with a trading volume of only $1,000. Here are all the prizes of the most common shitcoin, which very soon will die forever.

I see no relationship between eth and Ethax, etherum have all the fundamental to achieve greatness and it has been doing that over the years, eth have it's own public chain and other things which makes up eth.
Seeing $Ethax and studying them all I see is just a project trying to make some impact on the crypto community, they have done well buy achieving a swap which is not functioning very properly as well, the swap wack the buy and sell order is nothing compared to the real market.
Buy order 👇👇


Sell order order.


I don't even see anything near to compare ETHAX and Eth.
The project should just focus on development rather than jumping in listing on small small exchange without enough liquidity.

It's always a good clickbait when you use Ethereum comparison to one project you got me out of curiosity but before even reading your comparison I'm very certain it's just another altcoin and I'm right.


Good for you but take out the comparison and stop using Ethereum if it's really a good project it will stand on its own no need to do a comparison each coin with good potential will have its own time to shine, not using another coin to shine.

 

I did not see a track of ICO or IEO,  but project claim they had early Investors which got me wondered how. Coming across this project, just thought it was one big token but seeing some comments here, i think am beginning to get discouraged on the project already.

Well we are in the crypto space here and this has always been like the wild west in terms of shilling advertising scamming and so on, so i think it is definitely ok to advertise for your project, or the project that you are invested in here in this forum. I really don't like it though, if people are trying to disguise there obvious shill post for a project as a neutral post.
I also think that you would have more success with your post if you would not do that because in the end the people that are in the crypto space are not that stupid and most of them will figure out immediately that this is just another shill post. Just tell that you are from the team of this project and you will have more success.

Being listed and traded on Binance has a huge point and effect on the potential of a coin. The description of the said coin based on Op seems legit and reputable but it has to gain the trust of more investors to build a firm community. Despite all the good things being said about the coin, we shouldn't disregard the fact that some new projects don't survive the bear so we should still be skeptical and mindful before buying it.

As far as I know about this token, this token is new. And this token is working very well at present. So it's never fair to assume that Ethereum will be like that. Yes, if it thinks about the future, if it works better, then it can be said that it will move towards much better. But it is never possible to say when a project is scam. So you should always keep an eye on the update of the token.

And especially if you focus more on the website and the market, the future of this token can be understood.

Website: https://ethax.com/
Marketcap: https://coinmarketcap.com/currencies/ethax/markets/

Checked it on Coingecko and it's' down -by 78.0% last all-time high was on May 17, 2022 (4 months), its only months ago  I know that we are in a bear market but if this project has a community support and they are good like what you've described them to be,  it will not go that low, it looks like early investors are dumping the project, and if the project is partnered with Binance like you are claiming in your homepage, then why it is not being traded on Binance, is the project living on hype, and cannot sustain it.

https://coinmarketcap.com/currencies/ethax/markets/
If you look at these data, it becomes clear that this is another useless shitcoin with a similar name to one of the well-known cryptocurrencies. There are a lot of such projects, and they do not represent any benefit for the development of the cryptocurrency ecosystem.

Away from everything, but a decrease from $ 1.8 to about $ 0.041 is not considered a sufficient reason to stop thinking about that project?

I do not know what I relied on that the project will be valuable in the future, but the inclusion in 6 different stock exchanges, the global ETHAX NFT market, Ethaxswap (Dex) Custom Decentralized Exchange and others are not unique features that distinguish this project and try to use a name close to the ethereum is another negative index.

We don't know where this project will go, are they really serious to develop it or not? but with the naming of ETHAX it doesn't look like it will have a good ending.

Honestly, the name will make investors feel uncomfortable and have no interest in learning about the project. As soon as I saw the name, I thought that this project was a copy project, the purpose was to confuse investors into thinking it was related to ETH and people will invest because of this fake relevance, not because their project has potential.

OP seems like comparing these two just because they have similar name, within the fact that ETH is a smart-contract platform while ETHAX is a Trading platform (not only cryptocurrency but also NFT and other thing). So, both project is very different and I believe they don't have any connection. And I think there are a ton of other crypto that have similar name like ETH, most of them just vanish and not become anything. Now, I am not saying that ETHAX project will end up the same way, but if developer chose the name ETHAX only to ride ETH fame then I don't think this project will end any good.

Is it the next ethereum destroyer, its name sounds quite similar to ethereum. The projects with names that are somewhat similar to the names of these famous projects can never have a good ending, it will just fail to create hype and then disappear with the money invested in it. I think they don't have good intentions when naming them like that, so it's best to stay away from them

I have seen many shitcoins in the past named that are very similar to Ethereum, Bitcoin and Dogecoin, and other top coins in the market but they can't reach or have reached the status of the coin they are imitating, for a new coin to stand out it should stand on its own and have their own uniqueness, the investing are long been over on projects that rely on other coin's name and popularity to lift their project, if this is a good project, then it should be about all of its features not relying on other coin's name.
I shy away from projects that claim to be the next Bitcoin or Ethereum killer for me they are just another shitcoin.

You are trying not to compare them, so why are you putting Ethereum here for comparison? The first thing I saw was its name ETHAX, it was like this was a clone of ETH and wanted to rely on ETH's popularity to get attention. Actually, the name makes me feel quite uncomfortable like they want to create confusion to achieve the purpose rather than seriously build the project. The project is nothing too new and groundbreaking, I don't like this project.

There's really no basis for comparison as they exist on different blockchain and have different project pathways. The only insignificant similarity, I can find is the name resemblance. Apart from that, there's nothing we can hold. The project has dumped extensively over the past few months and I personally don't see anything that is worth celebrating about it.

In my own view, if there is that big potential of Ethax to be following the big step of Eth, then it should not have a name that sounds like the latter? This looks just like a copy-cat of Ethereum, in the first place, and it can be a "poor" copy-cat at that. We have seen so many projects projecting themselves to be the Ethereum or Bitcoin killers but unfortunately they were the ones that got killed in this very competitive yet frauds-filled crypto marketplace. Still, am wishing Ethax the best and may it not be just another shitcoin. Good luck!

No comparison, I came up with this just looking at the name similarity (I said that on my post if you read carefully). I know so well that this two projects doesn't cross path. But that's your sentiment thou, I think I should modify my topic so I don't get a lot of members think it too far from own point of view.

Strange name of the topic, ETHAX vs ETH. Is this the next ETH killer or what? You listed some features of the project, but they really don't mean much if the project doesn't have the right support. And I'm not talking about your partners now, I'm talking about your seed investors. Who are they? I couldn't find any information, and I also couldn't find information about investment rounds, public or private, for example. Without all that, the project is unlikely to have any success at all, more like another shithcoin that is trying to make itself known using Ethereum fame and the hype that is going on around it right now.

What is the basis on comparing these two completely different project. AFAIK $Ethax is an exchange project while $ETH is a blockchain. These two cryptocurrency is in different league and it’s nonsense to compared both project if your only grounds for comparison is just the price development and the similarities of there ticker.

I’m just confused on how you come up to compared this project to ETH while it’s similar project are the likes of Uniswap, Pancakeswap and other Dexes built on blockchain and not compared by the blockchain itself. I thought this is all about the comparison of new ETH to previous ETH pow version which is planned to continue running by other developer..  

Reserve.

The reason why I created this thread was to share my interest on a new Altcoin project named ethax and to get the sentiment of members in the forum about this project. Should the success of this Altcoin persist, I will keep update in this thread over time.

For two months, I have been following up with this Altcoin named $ETHAX. On seeing the name similarity for ETH to ETHAX I decide to know More about this project.

What I found out
Ethax (https://ethax.com/) is a licensed & regulated digital asset investment & software development business delivering some of the worlds most advanced products & services. the native token with ticker $Ethax  is built on BSC and was first Launched on the 2nd of May 2022 on PROBIT EXCHANGE and pancake swap with $1.8 starting price. The bear market seem to affect the token but it still had little stability  $0.05 in the past 2 months since Launched, just last month it drop to 0.04 and now currently trading at $0.041. I just felt this project is going to produce the next $Ethereum coin in future because just in 3 months after launch, $ETHAX has been listed in 6 different exchanges + their self exchange ETHAXswap which was live on July 21 2022 (https://www.ethax.io/swap).

When Ethereum was launched in 2014, 1 ETH was sold for $0.31  and when ETHAX was launched on May 2nd, 1 ETHAX was sold for $1.8 on the PROBIT EXCHANGE.



Features of ethax
1. Ethax is a Licensed & Regulated Digital Asset Services.
2. A Secure Digital Asset Machine Learning Trading Platform.
3. World-leading technological developments;
4. Enhanced virtual asset ETHAX mobile wallet;
5. ETHAXswap (DEX) Custodial Decentralised Exchange;
6. ETHAX NFT universal marketplace.
7. Neural machine learning advancements.
Smart user-interfaces.
8. Execution of world-class marketing strategies.
The ETHAX Token launch on PROBIT and other exchanges, ETHAX Token staking rewards on ethaxswap.
(https://ethax.com/wp-content/uploads/2022/04/White-Paper.pdf) (https://ethax.com/newsletter)
I know ethax may not fight Ethereum but in a near future I think the token will be worth it.