DeepOnion Price Discussion at the end of airdrop
As the end of the airdrop is getting closer each passing day, I see more and more people begin to discuss the price trends of DeepOnion coin.
(link to the kickstarter to get Physical coins: https://deeponion.org/community/threads/physical-deeponion-coins-for-sale-on-kickstarter.29399/ )
Now I list the cons and pros respectively of the end of free DeepOnion airdrop.
Cons
Some big whales has accumulated lots of DeepOnion coins with the purpose of obtain more airdrop DeepOnioins. As the end of airdrop. these guy has been or will be dumping or sell a portion of their coins to get money into their pocket. This has been reflected by the price dipping these days.
Some DeepOnion holders post advertisement of DeepOnion to obtain the airdrop coins. When the airdrop comes to an end, the fervor would be reduce to some extent.
Pros
the timeline of the last airdrop is at the end of Apirl. According to the roadmap, DeepOnion project would have great progress at that time, i.e., new features such as Android/iOS wallet, DeepVault, DeepOnion Vote Central, public spokeman, more exchanges, more merchants and games accepting DeepOnions, the DeepSend protocal, toether with Paper wallet, hardware wallet, etc. DeepOnion would be a quite good anonymous coin project if we assess it from all kinds of aspects. So many more people would look to further increase of DeepOion.
Big holders has foreseen the potential of DeepOnion from quite early days, they know DeepOnion's potential very well. Dumping a coin with great potential is not good to the project, and themselves. So they would not be so fool to hurt the confidence of the community. What's more, these big holders has no financial burden caused by buying DeepOnions as most of their coins are obtained from airdrop. As a result, they would be more patient than most small holders.
Some quite new altcoins or tokens, at their intial times, their distributions are much more centralized than DeepOnions. While their big whales sedom dumping them. What's more, DeepOnion has a quite good future, the dumping would not happen.
As we all know, some forums has restricted DeepOnion advertisement on them because of our sucessful promotion during the 40 round airdrop. After the airdrop, these forums would begin to lift the restrictions. DeepOnion would benifit from the restriction lifting for lone term.
DeepOnion project has a very very excellent community, and all kinds of functions of the community work well. The developing team is very good too. Many altcoins have no these advantages compared to DeepOnions.
DeepOnion Vote Central function would begin to launch very soon. More members of the community would be able to participate the developing and roadmp of DeepOnion project. More desired features would be integrated into DeepOnion.
DeepOnion has a very low MarketCap today. There is much more room for the price growing.
The price dipping today is not cause by DeepOnion itself. It is more caused by the overall crypto bear market.
Conclusion: dumping DeepOnions is not a quite smart action, the price dipping today is just a temporary,and DeepOnion is among the most potential coins today.