Topic: Swipe (SXP) is a death defi project? (Read 181 times)
SXP is a potential project. Although its price has gradually come down a lot. But we have to keep in mind that its partnership is with many big companies. Binance is one of them. I hope its price will increase very soon. And it's time to buy XSP.
they partnered with binance as far as I know. i personally know someone who own a lot of this token and he was very frustrated because back then the price was more than $2 when he bought it. this is bad when you have no idea why you invest to a coin, get out when you find yourself just riding the pump but not getting out when its about to be dumped.
It seems I am not getting something here, current rank in coinmarketcap is 125, current volume is more than $25M, and market cap is more than $73M, now let me ask, how can a project with such rank, such volume, and such market cap be regarded as a dead project? To be frank, I do not agree with that statement, and I see it as a project passing through market reaction just like others. Also, there are many Defi projects which are not even close to what this project offers let alone being close to its rank. In addition, although it is wise for someone to carry out his due diligence on whatever project he want to invest in, but in this case, seeing these little features of this coin, I can say it is not a dead project but a project whose team are active and working on their goals and this is being seen in its properties on coinmarketcap.
There’s still a volume and its market cap is pretty high compare to other projects so I don’t think this is dead already since they continue to be listed, and moving its price up and down. They manage to hit their peak last July and maybe this bull run is not all about DeFi projects, we saw Bitcoin and top altcoins pumping and that’s the trend for now, if there’s still no progress in the coming months then its not good for this token.
Hence a coin is trading and hasn't been deleted I don't see it as a dead coin though sxp gave many hope of being the best and going up same way Bel did but all are turning into ashes. Let's just anticipate and hope it goes back to its normal price or still keep dumping. We can only believe it's dead when it gets delusted from exchanges it's trading.
I don't think you know what you are saying, Swipe is a real project and I hope you know Binance has acquired the project, the problem with some people is that they do not know anything about a token, they just buy because they were told to, what affected SXP price was the airdrops that was done on Binance, most people collected the tokens and dump them immediately, I also dump my also. Just give it time, it is going to come around
I think your are right at the moment but its a really Awesome project because they already partnership with great Companies which will help this project to rise up.
But at the moment not just SXP more defi project are dead and doesn't show positive result.
So hold on soon it will be goes up.
But at the moment not just SXP more defi project are dead and doesn't show positive result.
So hold on soon it will be goes up.
copper member
Activity: 2758
Merit: 1163
Leading Crypto Sports Betting & Casino Platform
Swipe (SXP) https://coinmarketcap.com/currencies/swipe/
My dear friends what do you think about swipe (sxp) ?
Sxp is a death project in this bullrun?
It's a flops defi project in 2020?
The project running by a flops team?
What you thinking about this project?
My dear friends what do you think about swipe (sxp) ?
Sxp is a death project in this bullrun?
It's a flops defi project in 2020?
The project running by a flops team?
What you thinking about this project?
It has an average trading volume of 25M USD, If that is a dead project to you then 80% of the current crypto project is dead if your basis is just the price and trading volume. The project has a pretty solid product with big company partnership. The price is just too high after the DeFi hype that's why that's the coin is still in the correction stage even during bull run. Most the DeFi project are in the same position because most of them are overbought.
Just give the project sometime to recuperate from the previous DeFi after shock then this project will grow again slowly and steady.
Altcoin investors are awesome. I love you guys. Project is good = price have to pump. Project price goes down = project is dead.
Guys...
1- short term fluctuations (weeks-months) has nothing to do with fundamentals. Fundamentals has impact on long term trends (years).
2- current SXP capitalisation is $73 mln. You should now ask how much profit this project is generating annually. How much profit may generate in next 10 years (be realistic). Is it 10k $? Is it 1 mln $? Do fundamental analysis based on hard data and you will know if its worth to invest. Average P/E for nasdaq is 20. BNB P/E is around 4 - worth to invest. The fact that project is "good" does not say anything about the fact that it is worth to invest or not. You need to compare price to value, not short term fluctuations to value. (its dumped a little so it must go up now ...well its not)
Alt bubble is over. Its fundamental time (price/value)- we have institutional investors money here now ... retail investors already lost all money during last pump and dump alt season.
Guys...
1- short term fluctuations (weeks-months) has nothing to do with fundamentals. Fundamentals has impact on long term trends (years).
2- current SXP capitalisation is $73 mln. You should now ask how much profit this project is generating annually. How much profit may generate in next 10 years (be realistic). Is it 10k $? Is it 1 mln $? Do fundamental analysis based on hard data and you will know if its worth to invest. Average P/E for nasdaq is 20. BNB P/E is around 4 - worth to invest. The fact that project is "good" does not say anything about the fact that it is worth to invest or not. You need to compare price to value, not short term fluctuations to value. (its dumped a little so it must go up now ...well its not)
Alt bubble is over. Its fundamental time (price/value)- we have institutional investors money here now ... retail investors already lost all money during last pump and dump alt season.
The project is good, they already have good partnerships and big companies are backing them but the current downtrend is perhaps due to the fact that the prices gone up too quickly at first place. I think if the price goes down more it could be a good buying opportunity especially if it goes around the ico price.
Yes, you are right, SXP is currently down price, this project is very good. I bought low price $450 sxp. My buy price was $0.90. This token has an altime high price of $4.90 and an altime low of 0.16. and Max Supply 289,136,211. I think the price will pump very soon. Swipe (SXP) https://coinmarketcap.com/currencies/swipe/
My dear friends what do you think about swipe (sxp) ?
Sxp is a death project in this bullrun?
It's a flops defi project in 2020?
The project running by a flops team?
What you thinking about this project?
The project is good, they already have good partnerships and big companies are backing them but the current downtrend is perhaps due to the fact that the prices gone up too quickly at first place. I think if the price goes down more it could be a good buying opportunity especially if it goes around the ico price. My dear friends what do you think about swipe (sxp) ?
Sxp is a death project in this bullrun?
It's a flops defi project in 2020?
The project running by a flops team?
What you thinking about this project?
The price manipulation is immense in my opinion and one of the theses is that they do not let the price rise so that people continue to ask for cards 
Swipe (SXP) https://coinmarketcap.com/currencies/swipe/
My dear friends what do you think about swipe (sxp) ?
Sxp is a death project in this bullrun?
It's a flops defi project in 2020?
The project running by a flops team?
What you thinking about this project?
My dear friends what do you think about swipe (sxp) ?
Sxp is a death project in this bullrun?
It's a flops defi project in 2020?
The project running by a flops team?
What you thinking about this project?
Jump to: