NMX Nominex token - page 3. | Bitcointalksearch.org

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Quote from: tippytoes on November 07, 2021, 07:37:58 PM

Maybe the NMX farmers are also slowly selling now that they see the price seems hard to go up again.

That's possible farmers and traders are quick to trade or sell once they see the coin is going down, liquidity is also going down but not crashing I have their price tool in their telegram NMX Price $1.67; Total liquidity $10,549,311.81 liquidity down by 10% since last week this is not good if you are farming, they should do something or the token will go down further, the token is performing better in the bear market but now it's a big turn around just when the market is going better, marketing is still good but they should add more liquidity to attract more investors.

tippytoes

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Quote from: coin-investor on November 04, 2021, 08:10:35 PM

Quote from: o48o on November 01, 2021, 07:57:53 PM

Quote from: nira09 on November 01, 2021, 12:18:38 AM

Maybe they make the trading volume bigger and livelier.
The price of the NMX token continues to fall as the market starts to improve. Looks like the NMX token needs to be listed on popular exchanges like Kucoin or MXC.

Maybe listing would help, but i doubt that. It would only dilute the liquidity as it would have to be spreaded to different exchanges. Also listing would cost them money and they most likely would have to market sell nmx for that. So that would actually hurt the price.

What they need is marketing they last held their advertising when they are in their launching period, they should sustain it now by launching a signature campaign or a social media campaign, some old projects are doing it, they launch a new campaign, even a short campaign can make a difference.

I don't know if another campaign will revive the interest of traders because as we can see the token's value is slowly going down. I have the feeling that it may go down to their initial target price of $1. I thought something will change once they announced being official binance broker, but instead of going up, it is still going down. Is there someone here has idea why it seems NMX token can't keep up with the market? Maybe the NMX farmers are also slowly selling now that they see the price seems hard to go up again.

coin-investor

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Quote from: o48o on November 01, 2021, 07:57:53 PM

Quote from: nira09 on November 01, 2021, 12:18:38 AM

Maybe they make the trading volume bigger and livelier.
The price of the NMX token continues to fall as the market starts to improve. Looks like the NMX token needs to be listed on popular exchanges like Kucoin or MXC.

Maybe listing would help, but i doubt that. It would only dilute the liquidity as it would have to be spreaded to different exchanges. Also listing would cost them money and they most likely would have to market sell nmx for that. So that would actually hurt the price.

What they need is marketing they last held their advertising when they are in their launching period, they should sustain it now by launching a signature campaign or a social media campaign, some old projects are doing it, they launch a new campaign, even a short campaign can make a difference.

o48o

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Quote from: nira09 on November 01, 2021, 12:18:38 AM

Maybe they make the trading volume bigger and livelier.
The price of the NMX token continues to fall as the market starts to improve. Looks like the NMX token needs to be listed on popular exchanges like Kucoin or MXC.

Maybe listing would help, but i doubt that. It would only dilute the liquidity as it would have to be spreaded to different exchanges. Also listing would cost them money and they most likely would have to market sell nmx for that. So that would actually hurt the price.

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Quote from: o48o on October 31, 2021, 02:11:23 PM

Quote from: royalfestus on October 30, 2021, 03:07:00 PM

Have only traded NMX on the exchange and did not observe any fake trading, there are possibilities with other coin. The interphase may be dull. The order book are right and trade engage immediately with the sell button but if you have a different definition of fake trading lets know.

Take a look at the buys and sells of NMX again and compare the action to buy and sell walls, it's happening slowly with rather big sales/buys but it's obvious. I don't understand why they bother to do that but i guess they have their reasons. It doesn't affect to the price anyway.

Maybe they make the trading volume bigger and livelier.
The price of the NMX token continues to fall as the market starts to improve. Looks like the NMX token needs to be listed on popular exchanges like Kucoin or MXC.

o48o

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Quote from: royalfestus on October 30, 2021, 03:07:00 PM

Have only traded NMX on the exchange and did not observe any fake trading, there are possibilities with other coin. The interphase may be dull. The order book are right and trade engage immediately with the sell button but if you have a different definition of fake trading lets know.

Take a look at the buys and sells of NMX again and compare the action to buy and sell walls, it's happening slowly with rather big sales/buys but it's obvious. I don't understand why they bother to do that but i guess they have their reasons. It doesn't affect to the price anyway.

royalfestus

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Quote from: nira09 on September 24, 2021, 06:13:15 PM

Quote from: tippytoes on September 16, 2021, 07:32:07 PM

Quote from: mandor on September 16, 2021, 07:06:45 PM

Few hours ago, I see NMX token in his very bad price, NMX token even hit 0.5 USDT for each. It wouldn't be worthless that easily would it?
People in the telegram group are looking for information about this, but I saw the admin giving a response about this via private message, have we reached the end of the life of this nominex token?

I was in shocked also, what is happening? I was part of their campaign so I am also holding some of NMX tokens and getting their daily tokens from my allotment. I hope this exchange will not be closing soon. They are also not active in the forum so what we can do is keep an eye on their social media channels and let's find out what's happening on their site.

I don't think the Nominex exchange will be closing soon, Although there has been some fake trading volume and it doesn't have a sizeable trading volume yet, but recently Gems Radar included Nominex in some DeFi gems that might be in the spotlight in Q4, 2021.

Have only traded NMX on the exchange and did not observe any fake trading, there are possibilities with other coin. The interphase may be dull. The order book are right and trade engage immediately with the sell button but if you have a different definition of fake trading lets know.

o48o

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Quote from: coin-investor on October 16, 2021, 10:13:38 AM

their slogan is very attractive also

Quote

1000+ trading pairs with highest liquidity and 0% fees
First hybrid exchange with DeFi mechanics

They need to get this outside for people to know how good trading in Nominex.

By the way, i never even saw this. How exactly it has zero fees? I mean aren't the NMX literally for paying fees at their platform? Also, what they mean by highest liquidity. Because they don't have it compared to top platforms at least.

coin-investor

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Quote from: ?? on ??

Quote from: nira09 on September 24, 2021, 06:13:15 PM

I don't think the Nominex exchange will be closing soon, Although there has been some fake trading volume and it doesn't have a sizeable trading volume yet, but recently Gems Radar included Nominex in some DeFi gems that might be in the spotlight in Q4, 2021.

Am not a regular user of Nominex but my times does not show fake trading. Although they need to improve the interface of the exchange, too dull and less interactive. The exchange has added more top coins like solana etc, to be traded and has been safe from hack.

I consider Nominex a dark horse they have great features that traders are not aware of, it's good for small and big traders, I already recommend that they add more coins and pairs, they should also accommodate new coins coming up with good potential.

their slogan is very attractive also

Quote

1000+ trading pairs with highest liquidity and 0% fees
First hybrid exchange with DeFi mechanics

They need to get this outside for people to know how good trading in Nominex.

o48o

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Quote from: CaVO32 on October 15, 2021, 07:10:58 PM

I noticed that they reduced the daily withdrawal limit to 0.1BTC, I remember it was 2BTC for no KYC before. But I think, this is still good for those traders who are looking for exchanges who don't require KYC. 0.1BTC is more than enough if you are a small trader. They have good list of trading pairs also.

I am pretty sure this limitation came because of binance broker program As Binance is complying with regulators. As they (binance and binance market makers) want anyone using their services complying with them too. It's the only reason i can come up with anyway.

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Quote from: ?? on ??

Quote from: nira09 on September 24, 2021, 06:13:15 PM

I don't think the Nominex exchange will be closing soon, Although there has been some fake trading volume and it doesn't have a sizeable trading volume yet, but recently Gems Radar included Nominex in some DeFi gems that might be in the spotlight in Q4, 2021.

Am not a regular user of Nominex but my times does not show fake trading. Although they need to improve the interface of the exchange, too dull and less interactive. The exchange has added more top coins like solana etc, to be traded and has been safe from hack.

I noticed that they reduced the daily withdrawal limit to 0.1BTC, I remember it was 2BTC for no KYC before. But I think, this is still good for those traders who are looking for exchanges who don't require KYC. 0.1BTC is more than enough if you are a small trader. They have good list of trading pairs also.

o48o

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Quote from: necromastery on September 26, 2021, 06:51:14 PM

Hmmmph, another round of marketing might be a good thing, but I wish it was done in a more professional way.
I have some NMX tokens which I earned from last year's bounty, honestly I was sick of seeing the token price go $2 when I held it from $6-$7, now it looks like I made a big mistake holding it. I hope this situation doesn't last long.

This is problematic. If they fund their marketing from NMX, it just creates more sell pressure, and they don't have ton of funding so where do you see this marketing budget coming from? If your problem is just price, but you believe the project, then i suggest averaging your buy in and farming it. If you are just gambling to see if the price goes up, maybe this is not for you as no one can guarantee that.

coin-investor

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Quote from: Rrita on October 04, 2021, 10:15:53 AM

Dont lose hope man. This exchange is very new and they are trying their best. I regularly follow their social media, They are very active. They are regularly adding coins to their exchange, A few days ago they added SOL and still adding new coins. I have also seen a pool at Telegram about coins listing.

Nominex Binance Broker Program (BBP) Released! So there is no problem with order book and liquidity.
The NMX coin price dumping, its hurts. But for the new investor maybe it's good to collect some at a cheap rate. Personally buying at this dip level. Sound likes it gambling, but I like to do it. My long term target is $5++

They have a good trust rating, but they only have 23 pairs for trading to trade they should add more, they claimed to be the

Quote

the official broker of the largest exchange Binance All funds are stored on Binance and, in fact, transactions are also executed on the Binance exchange.

this exchange has a good future they have a lot of features that will make them a candidate for the top exchange in the market, when it comes to marketing yes they should do it again, they still have a lot stored for them to reach the top.

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Quote from: Rrita on October 04, 2021, 10:15:53 AM

Quote from: necromastery on September 26, 2021, 06:51:14 PM

Quote from: coin-investor on September 25, 2021, 11:35:10 AM

I think it's time to do another round of marketing, although they are still young in the industry, they need to keep the momentum going I thought when it hit the $7 mark it will reach 2 digits, unfortunately, it did not happen.

Hmmmph, another round of marketing might be a good thing, but I wish it was done in a more professional way.
I have some NMX tokens which I earned from last year's bounty, honestly I was sick of seeing the token price go $2 when I held it from $6-$7, now it looks like I made a big mistake holding it. I hope this situation doesn't last long.

Dont lose hope man. This exchange is very new and they are trying their best. I regularly follow their social media, They are very active. They are regularly adding coins to their exchange, A few days ago they added SOL and still adding new coins. I have also seen a pool at Telegram about coins listing.

Nominex Binance Broker Program (BBP) Released! So there is no problem with order book and liquidity.
The NMX coin price dumping, its hurts. But for the new investor maybe it's good to collect some at a cheap rate. Personally buying at this dip level. Sound likes it gambling, but I like to do it. My long term target is $5++

Nominex exchange is new exchange, But not very new, This exchange has been built since 2019. I also follow their twitter account, But I don't see Nominex regularly and Actively add new tokens to their exchange, you can see on the Nominex exchange, not too many tokens traded there, especially new tokens. Maybe our understanding of active and regular is different.

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Quote from: necromastery on September 26, 2021, 06:51:14 PM

Quote from: coin-investor on September 25, 2021, 11:35:10 AM

I think it's time to do another round of marketing, although they are still young in the industry, they need to keep the momentum going I thought when it hit the $7 mark it will reach 2 digits, unfortunately, it did not happen.

Hmmmph, another round of marketing might be a good thing, but I wish it was done in a more professional way.
I have some NMX tokens which I earned from last year's bounty, honestly I was sick of seeing the token price go $2 when I held it from $6-$7, now it looks like I made a big mistake holding it. I hope this situation doesn't last long.

Dont lose hope man. This exchange is very new and they are trying their best. I regularly follow their social media, They are very active. They are regularly adding coins to their exchange, A few days ago they added SOL and still adding new coins. I have also seen a pool at Telegram about coins listing.

Nominex Binance Broker Program (BBP) Released! So there is no problem with order book and liquidity.
The NMX coin price dumping, its hurts. But for the new investor maybe it's good to collect some at a cheap rate. Personally buying at this dip level. Sound likes it gambling, but I like to do it. My long term target is $5++

aioc

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Quote from: sukoyomi on September 27, 2021, 04:14:56 PM

Quote from: coin-investor on September 25, 2021, 11:35:10 AM

I think it's time to do another round of marketing,

Well I feel sorry, because the team say "their marketing is not poor, they working on it every day". I think they always do that marketing but in other ways, it's just that the results are not that great. Maybe the problem right now is how they replace it with a more effective one.

I don't know what kind of marketing they are doing but they need one now since their token is going down, recently they added SOL in their trading platform but only on BUSD -SOL they should add more pairs for SOL it's a coin with good potential in the market and they should also list their token to other markets, they only have Nmx / USDT pair.
I thought that Nominex will be heading to $10 after a big pump, this is really a big drop.

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Quote from: terciduk123 on October 03, 2021, 01:17:10 AM

In order to increase trading volume on the Nominex Exchange, Nominex should be more active in adding new tokens in their exchange, especially tokens that have a large trading volume. Don't wait for them to apply for listing on the Nominex exchange.

It crossed my mind, is there no community voting so that the exchange lists the coins or tokens that the community wants?
Waiting for them to list their project on the exchange only happens when new projects appear, whereas tokens or coins from long-lived projects, it must be added if the community wants it.
Nominex has a rank that is not too low in cmc, even he is above the cointiger right now.

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Quote from: sukoyomi on September 27, 2021, 04:14:56 PM

Quote from: coin-investor on September 25, 2021, 11:35:10 AM

I think it's time to do another round of marketing,

Well I feel sorry, because the team say "their marketing is not poor, they working on it every day". I think they always do that marketing but in other ways, it's just that the results are not that great. Maybe the problem right now is how they replace it with a more effective one.

Actually they have regular trading campaigns for traders on the Nominex exchange, as a form of effort to attract traders, but this is less effective.
In order to increase trading volume on the Nominex Exchange, Nominex should be more active in adding new tokens in their exchange, especially tokens that have a large trading volume. Don't wait for them to apply for listing on the Nominex exchange.

sukoyomi

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Quote from: coin-investor on September 25, 2021, 11:35:10 AM

I think it's time to do another round of marketing,

Well I feel sorry, because the team say "their marketing is not poor, they working on it every day". I think they always do that marketing but in other ways, it's just that the results are not that great. Maybe the problem right now is how they replace it with a more effective one.

necromastery

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Quote from: coin-investor on September 25, 2021, 11:35:10 AM

I think it's time to do another round of marketing, although they are still young in the industry, they need to keep the momentum going I thought when it hit the $7 mark it will reach 2 digits, unfortunately, it did not happen.

Hmmmph, another round of marketing might be a good thing, but I wish it was done in a more professional way.
I have some NMX tokens which I earned from last year's bounty, honestly I was sick of seeing the token price go $2 when I held it from $6-$7, now it looks like I made a big mistake holding it. I hope this situation doesn't last long.

Topic: NMX Nominex token - page 3. (Read 3230 times)