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Teraboy

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Quote from: nelson4lov on May 26, 2021, 05:55:26 PM

Oneof the major hurdles now is the lack of liquidity and volume but I believe that it would be resolved in due time when the project gets the recognition it needs to compete with top DeFi platforms on other chains.

The liquidity and volume can be fixed easily when sovryn will be started to be listed on the major centralized exchange site but this time yago and team are still focusing to develop the bridge and NFT platform for SOV will be coming very soon. This is sooner than what i was expecting before. As a new project with almost 2 months old and sovryn has been making lots of progress.
I do believe this can be listed easily to the CEX.

devollito

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Last time when the whole market crash. Sov Lowest price was $18 it will touch $100 when we enter another bullish time. Or even if we are on side way for BTC and the sovryn feature is available ( Bridge to ethereum and BSC ) it will touch $100. My prediction is about 3 month from now.

nelson4lov

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Quote from: hari9981 on May 26, 2021, 04:47:12 PM

Whats the background of 100$ become true price of Sovryn, i dont think a DeFi in RSK Network is better than DeFi in another platform.
TBH i still prefer DeFi on BSC platform or EOS platform over Sovryn.

For now, it's just the hype about Sovryn being the very first Bitcoin AMM and Defi platform. I know several Bitcoin Maximalists that have already bought in due to the hype. Although, I'd say the team has done an incredible amount of work on their platform. They've an AMM that works, community governance that's active, liquidity mining and well detailed documentation about their project via a wiki. Oneof the major hurdles now is the lack of liquidity and volume but I believe that it would be resolved in due time when the project gets the recognition it needs to compete with top DeFi platforms on other chains.

hari9981

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Quote from: Psynthax on May 26, 2021, 01:40:55 AM

Quote from: hari9981 on May 25, 2021, 06:03:45 PM

My experience using RSK network is not really good. The liquidity of rBTC not really high when i try to use the sovryn platform.
Sovryn hype is really high which make the price keep climbing after the trade open, now i think market will reveal the true price of it.

I think the its true price is more than $100, once it gets the recognition it deserves its gonna become really huge.

Whats the background of 100$ become true price of Sovryn, i dont think a DeFi in RSK Network is better than DeFi in another platform.
TBH i still prefer DeFi on BSC platform or EOS platform over Sovryn.

Meta anggraini

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Quote from: Psynthax on May 26, 2021, 01:40:55 AM

Quote from: hari9981 on May 25, 2021, 06:03:45 PM

My experience using RSK network is not really good. The liquidity of rBTC not really high when i try to use the sovryn platform.
Sovryn hype is really high which make the price keep climbing after the trade open, now i think market will reveal the true price of it.

Not really revealing its true price, SOV indeed has very big potential, many people actually have been waiting defi for bitcoin, if you see all the feud about bitcoin need to have defi in twitter recently you know what I mean, and SOV could become a solution for that but the platform itself is still in alpha stage maybe they gonna refine the project a lot more
then gonna think about something else, they also seem to have prepared some next big things bridging as many have mentioned I think the its true price is more than $100, once it gets the recognition it deserves its gonna become really huge.

Bitcoin need to have DeFi, but Sovryn is on RSK Network which only build another platform backed by BTC (rBTC). I dont think its really need for Bitcoin atm, IMO its have no difference than build Defi on ETH, BSC, or EOS platform.

Why you think the true price is more than 100$? I dont see anything special in the project, only some big whales behind the SOV like pomp which always created as hype by the community.

jesselui

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It was clear from the first release that Sovryn would be a good project. I participated in Bounty campaigns, sold the tokens early and regretted it. I had to trust the project. The team works pretty well and the project is constantly being developed.

WalkerIVIV

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Quote from: BigBos on May 26, 2021, 04:11:01 AM

if the bitcoin price hits $ 60k again, I think it could be over $ 90. however, many people predict that this coin could cost over $ 100.

The bitcoin bullish trend will be helping the price of SOV to recover again. There are lots of interesting even going on with SOV.
The ETH-RSK bridge is alive and so many people have been starting to convert their ETH to participate in the SOV lootdrop. The price will be going to the moon again in the future,
The cex listing could become the main bet for any SOV holders.

BigBos

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I got quite a lot of information about this project, and it looks like the early investors of this project made a very big profit. however, currently the price is still growing along with the recovery of bitcoin price. for now the ATH is over $ 80, and if the bitcoin price hits $ 60k again, I think it could be over $ 90. however, many people predict that this coin could cost over $ 100.

Psynthax

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Quote from: hari9981 on May 25, 2021, 06:03:45 PM

My experience using RSK network is not really good. The liquidity of rBTC not really high when i try to use the sovryn platform.
Sovryn hype is really high which make the price keep climbing after the trade open, now i think market will reveal the true price of it.

Not really revealing its true price, SOV indeed has very big potential, many people actually have been waiting defi for bitcoin, if you see all the feud about bitcoin need to have defi in twitter recently you know what I mean, and SOV could become a solution for that but the platform itself is still in alpha stage maybe they gonna refine the project a lot more
then gonna think about something else, they also seem to have prepared some next big things bridging as many have mentioned I think the its true price is more than $100, once it gets the recognition it deserves its gonna become really huge.

ilovealtcoins

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Quote from: hari9981 on May 25, 2021, 06:03:45 PM

My experience using RSK network is not really good. The liquidity of rBTC not really high when i try to use the sovryn platform.
Sovryn hype is really high which make the price keep climbing after the trade open, now i think market will reveal the true price of it.

SOVRYN has dropped from $80 to $17 in recent bear market days. We need to consider the stability to invest in this project. We need more stable liquidity, the project needs mechanisms to promote liquidity increase and reduce the reward for sudden liquidity withdrawal.

hari9981

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My experience using RSK network is not really good. The liquidity of rBTC not really high when i try to use the sovryn platform.
Sovryn hype is really high which make the price keep climbing after the trade open, now i think market will reveal the true price of it.

nelson4lov

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Quote from: Psynthax on May 25, 2021, 01:06:43 AM

They are working on it to get their project in uniswap using the brdiging as I've heard from the rumour, this project truly underrated and the current dip mostly because btc. You can imagine how sov while being dumped also losing the value in BTC but it's actually very great opportunity to buy, this project alone offer many things and backed up by POMP the glorified crypto investor.

The ETA for the bridge launch is still not known but judging from messages I've seen from Sovryn TG admins, I can tell that it's imminent. But I don't think Uniswap market would appreciate it as much as sov users do. They might even underate the platform. What sov really needs is to get listed on major exchanges like Binance and Huobi. The only problem is that these exchanges are centralized but it matters even less because Sovryn governance isheadedby its users. I don't know if it's due to technical limitations or issues with RSK network.

Psynthax

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Quote from: electronicash on May 25, 2021, 12:26:55 AM

Quote from: bitkanu on May 24, 2021, 11:56:49 PM

Quote from: CutePanda on May 24, 2021, 08:46:11 PM

Based on my observations, I think the price of Sovryn (SOV) could reach $ 33-44 at the time of release, I've been following SOV since the bounty project started, I'm sure SOV can be one of the altcoins that will explode in 2021,

What? if you have participated in the bounty that created by sov and then why didn't you aware if SOV already released? What do you mean about the release? it looks so funny to see you were not even watching the project and I doubt you also participated in the SOV bounty.
SOV already traded on its platform dude.

on their own platform https://live.sovryn.app/ but not on the big exchange. maybe he had not set up the RSK to his ETH wallet that's why he had not seen the SOV tokens.

realize that the token actually dips below $20. that recent dip was really sharp so if you have bought at $19 you could almost have doubled your investment already.
SOV should really be listed somewhere else as well not just to the sov app.

They are working on it to get their project in uniswap using the brdiging as I've heard from the rumour, this project truly underrated and the current dip mostly because btc. You can imagine how sov while being dumped also losing the value in BTC but it's actually very great opportunity to buy, this project alone offer many things and backed up by POMP the glorified crypto investor.

electronicash

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Quote from: bitkanu on May 24, 2021, 11:56:49 PM

Quote from: CutePanda on May 24, 2021, 08:46:11 PM

Based on my observations, I think the price of Sovryn (SOV) could reach $ 33-44 at the time of release, I've been following SOV since the bounty project started, I'm sure SOV can be one of the altcoins that will explode in 2021,

What? if you have participated in the bounty that created by sov and then why didn't you aware if SOV already released? What do you mean about the release? it looks so funny to see you were not even watching the project and I doubt you also participated in the SOV bounty.
SOV already traded on its platform dude.

on their own platform https://live.sovryn.app/ but not on the big exchange. maybe he had not set up the RSK to his ETH wallet that's why he had not seen the SOV tokens.

realize that the token actually dips below $20. that recent dip was really sharp so if you have bought at $19 you could almost have doubled your investment already.
SOV should really be listed somewhere else as well not just to the sov app.

bitkanu

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Quote from: CutePanda on May 24, 2021, 08:46:11 PM

Based on my observations, I think the price of Sovryn (SOV) could reach $ 33-44 at the time of release, I've been following SOV since the bounty project started, I'm sure SOV can be one of the altcoins that will explode in 2021,

What? if you have participated in the bounty that created by sov and then why didn't you aware if SOV already released? What do you mean about the release? it looks so funny to see you were not even watching the project and I doubt you also participated in the SOV bounty.
SOV already traded on its platform dude.

peter0425

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Quote from: CutePanda on May 24, 2021, 08:46:11 PM

Based on my observations, I think the price of Sovryn (SOV) could reach $ 33-44 at the time of release, I've been following SOV since the bounty project started, I'm sure SOV can be one of the altcoins that will explode in 2021,

Wait , What should be the reason for this coin to reach 33-44$? since you are following them since day one then you should have a best answer or reason why would this coming?
what is the status of the project and what is the future progress?

Quote from: ancafe on May 19, 2021, 04:30:47 AM

I still have this coin. Honestly, I hope the price can reach $ 100 this month. However, it seems that it is all hampered because of the current decline in bitcoin prices. however, this coin has a very high price more than when it was originally sold. I feel that such a project will be very developed in the future.

Hope but don't expect , though there are several projects that really arise this bull market but remember that it looks like the Bull has gone and the bear is coming to take over.

CutePanda

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Based on my observations, I think the price of Sovryn (SOV) could reach $ 33-44 at the time of release, I've been following SOV since the bounty project started, I'm sure SOV can be one of the altcoins that will explode in 2021,

samcrypto

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Quote from: Furious 7 on May 24, 2021, 09:23:57 AM

Yeah this is because the market trend has become bad so that the SOV price has experienced a quite severe dump after reaching ATH, of course this is dominated by bitcoin prices but I am sure a recovery will occur in the future considering SOV will still remain at a fairly stable price, this means did not reach the presale price so for me it will remain in hold until another exchange enters.
Remember it's not just the SOV token that has experienced this, many other coins are also affected by a bearish trend so for me this is natural and almost the whole has experienced a big dump.

SOV is a great project is just that the market situation right now is not good with Bitcoin and altcoins has been forced to drop as well. As we see some recovery, SOV will also recover and might create a new all time high, this platform is highly praised and there's a huge community behind this project that's why I see a great future for SOV, after this big corrections and when the market recovers again, SOV will take its place on top.

carlisle1

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Quote from: makishart on May 24, 2021, 08:30:28 AM

Quote from: krisnajsadrak on May 23, 2021, 04:20:50 PM

when i look the Sov price in this site https://coins.green the price now is under $20
the red market really affected the price of SOV now,
even, if a big news coming, i don't think the price will growing hard mate, because crypto markets unstable now

It's starting to recover again. SOV is totally pegged with the bitcoin. that's a bitcoin defi and SOV service related to the RBTC which a rsk form of bitcoin.
That means the bitcoin will give a very strong impact to the price of SOV.
SOV is not yet listed on the major market mate. We should always wait for the CEX to listing this coin in the future. Im all in SOV now and i bought more when the dip was coming.

the market is now moving up again and together with other crypto assets the value of Sovryn is also moving positively,
with another jumped up we might see good bounce.

But it's not the value alone but those available other features of this project, you can stake and earned from this coin.

Keep your assets inside the wallet and let your money works for you.

Furious 7

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Yeah this is because the market trend has become bad so that the SOV price has experienced a quite severe dump after reaching ATH, of course this is dominated by bitcoin prices but I am sure a recovery will occur in the future considering SOV will still remain at a fairly stable price, this means did not reach the presale price so for me it will remain in hold until another exchange enters.
Remember it's not just the SOV token that has experienced this, many other coins are also affected by a bearish trend so for me this is natural and almost the whole has experienced a big dump.

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