Electroneum - Strong Support level
Hi Guys,
How are you ? Hope you are doing good. I was observing the price of the electroneum from yesterday and was amazed to see that the price has not declined as it was expected. People was saying that, once electroneum will go live, then the price will dump for sure.But in reality it did not happen.
And I believe if the price will not decline now, then this will be a great support zone for electroneum and then again it will move up. Lets see the volatility of the price.
Guys, what do you think ?
Thanks
The dump won't happen until all the coins from ICO are on Cryptopia... That was delayed because of issues with Amazon server farm.
You are absolutely right @mtl1979. We are awaiting for the resolve which is going on with the Amazon server.
Thanks
You can clearly see from the graph on Cryptopia that the value did actually drop a lot, but as there wasn't enough people to sell, it didn't go as low as it can... It can go as low as 55 satoshis and people who invested in ICO still won't lose any money.