Hi Everyone,
Haven't seen much talk about XCM on here.
XCM is the native token of the CoinMetro crypto exchange.
Recently their volume has been really picking up and boosting the price of the XCM token.
They received a cash injection by selling a small fraction of the CoinMetro exchange on their unique Security Token Offering platform.
It's all fully licensed and people holding this Growth Token will have right to equity, dividend etc.
I wrote a review about why CoinMetro is awesome here:
https://coinmetro-review.com/And why XCM is such a great token; all fees on the exchange are paid in EUR and for these EUR fees, about half is profit for CoinMetro and the other half will be to buy from the market and vault XCM.
Currently it's vaulting, as there are no official regulations yet regarding to burning tokens in Estonia, after vaulting time expires they will be revaulted, basically the same as burning until burning becomes regulated.
XCM can also be locked for more perks on the exchange, so the more people who use this exchange, volume goes up and demand quickly follows.
Here's a chart for XCM price vs CoinMetro volume:
https://coinmetro-stats.com/Cheers!