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Cryptocurrencies continue to be extremely volatile. This attracts a large number of users. It turns out that it is much more profitable to trade cryptocurrencies than to use them for another purpose. Now cryptocurrencies continue to grow. This means that more and more people are paying attention to the possibilities of investing in cryptocurrencies and are carefully studying projects for investment. |
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Now there are many projects with a similar name, so people are confused. But listing on coinmarketcap is necessary in any case. First of all, so that there is no confusion. |
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Now the competition between cryptocurrency projects is very high and no cryptocurrency project can survive without a large community. It is difficult to develop a project without the support of the community. Any crypto project is made for people and the community is necessary in order to support the users of the project. |
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I see a lot of participants here are participating in the bounty, I drew attention to this project for signing in Bitcointalk. I noticed the project banner in the signature.
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The price of NFT continues to grow as well as the sales volumes of NFT, so the market decline does not affect the NFT market. NFTs provide huge opportunities for making money. NFTs are especially popular in games. Players can collect collections of rare NFTs and earn money on it. |
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Now Ethereum has a lot of competitors. Thanks to the gaming NFTs, players paid attention to cryptocurrencies. Now there are many gaming communities such as https://twitter.com/LiquidationsOf?s=09 and their number is only growing. No project can survive without a large community now, so it is very important to support a large community and attract new users to it even while the market is falling. Now it is very important that the community continues to grow. Now there are NFTs that are actively used in games, so gaming communities are now actively using cryptocurrencies. |
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AXIA Encrypted smartphones now available for pre-order!We launch pre-orders for our encrypted phones today. The phones include: -5.5-inch OLED screens -6 GB of RAM -AXIA apps installed -Full encryption services -Access to global AXIA SIMs (great rates worldwide) Orders are open: https://telecom.axiacoin.com The idea of encrypted phones is very relevant now. People should be confident in the confidentiality and security of the transmitted information and know that no one is eavesdropping or spying on them. Now there is a lot of competition between cryptocurrency projects, so we need to offer projects that will be useful to people. It is necessary that people use tokens so that the demand for them grows. |
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Definitely, they will not accept such label to their platform.
But time will tell how far they will survive in this market.
But first, we need to see first their exchange to be operational and if they can attract traders.
I hope we will not see wash trading just to increase their trading volume.
Also, if possible, be more strict in listing tokens or coins, don't list crap coins with no use case at all.
Now there are a lot of cryptocurrency exchanges and they are all fighting for their traders. To win the competition, it is necessary to offer tools that will be useful to traders and make trading more profitable. |
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Working products? what are they? What are the benefit of using their token in their product? I feel that's enough to make me curious to make the price of the token so expensive as BNB. Is it because of the low supply? I don't think it will be that easy.
Now most of the project tokens are used exclusively for speculation. But the trading volumes of over $2 million every day indicates that tokens are really needed by people and are actively used. https://coinmarketcap.com/currencies/verox/markets/Assets with good liquidity are usually used for speculation. It should be easy to buy and sell an asset to use it for speculation. |
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New projects allow you to earn more profit than stable altcoins. Gaming NFTs are very popular now, as it is a huge market for gamers. There are even special gaming communities, such as https://twitter.com/LiquidationsOfThanks to NFT, many gamers have paid attention to cryptocurrencies. Gamers have large communities to discuss games and this will be able to attract attention to cryptocurrencies. Joining gamers to cryptocurrencies will increase the liquidity of cryptocurrencies and make them more popular. Many games have their own communities, it will be good if cryptocurrencies also have their own communities. |
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You need to have not only a working product, but also a developed community. Therefore, it is important to attract new people to the project and develop its ecosystem.
Now there is a lot of competition among cryptocurrency projects, so airdrops play a big role, as they help to create and support a community of users. For any project, liquidity is important, and in order to have good liquidity, you need to have a large community and airdrop is a great opportunity to increase the community. |
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Working products? what are they? What are the benefit of using their token in their product? I feel that's enough to make me curious to make the price of the token so expensive as BNB. Is it because of the low supply? I don't think it will be that easy.
For a new project, the trading volumes are not so bad. Here you can check all the trading volumes - https://coinmarketcap.com/currencies/verox/markets/  . In addition, not all exchanges are listed on coinmarketcap, but only the largest ones. This means that the token is needed if it is so actively traded. |
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I see that, I meet this project displayed in the ad section, on youtube, unbelievable, and on some of the sites that I visited. What an incredible fund for marketing they have. It just, if it that far out there to do marketing, why not run a campaign on this forum too? I think they will get a better response.
seems that they have funds for outside marketing. if they can get the exposure that they want just by deploying the marketing they have right now, i don't think they will go to the route of holding campaigns here in the forum. however, it would be nice to see them advertise here also. if they sold out in seconds under BSC pad, it means investors are seeing potential on this project. now, we wait their actual performance once they are up and running with their services. EQIFI really has a lot of advertising in different media and on YouTube and we see the result. At the presale, all the tokens available for sale were sold in a matter of seconds, which means that investors see the potential of the project in the future. |
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I took some interest on your statement that you're the first defi project that works with a licensed bank. First thing first, to be clear and sure we're on the same page, you're referring to that traditional monetary organization, like citibank, commonwealth, etc.? If so, can you please inform us the name of the bank you're partnering with?
Here is a link to Cointelegraph https://cointelegraph.com/news/could-defi-powered-banks-become-an-unstoppable-force-in-finance which shows how important to cooperate with traditional bank services to make them better. Information from article - Our vision for EQIFI is to create a gateway between decentralized finance and digital banking that simplifies the bidirectional value flow. In success, we see this as an excellent opportunity to bring the two worlds together and allow masses to access these next-generation financial products. Thanks, but it has little to no aid to my question. The article is about the importance and possibility of traditional bank to merge with crypto's DeFi, it didn't cover EQUIFI's partnership May be they do not want disclose their partnership. For some reasons. This is another article in Bloomberg https://www.bloomberg.com/press-releases/2021-04-06/eqifi-launched-community-powered-global-banking-becomes-a-reality |
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It is very good that only the best projects will remain. This is a market, so only those projects that are needed and really useful to people survive on it. Now the cryptocurrency has risen again, although most likely this growth is temporary. Cryptocurrency is a promising technology and in the future it will grow in price. |
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Cryptocurrencies develop in waves and after a wave of growth comes a wave of decline. But usually the fall lasts much longer than the growth, so you need to be prepared for a prolonged fall. Usually, the fall lasts much longer than the growth. But during the fall, it is very important for the project to continue its development in order to increase confidence in the project and its ecosystem and attract more users to the project. |
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In a falling market, competition between projects is decreasing, so not all programs are able to withstand a falling market for a long time and continue to develop the project. No one knows how long the market decline will last, so it is very important to continue developing the project further. |
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Do you have a roadmap to understand what have already been done?
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One of the factors not to take the wrong decision back from the coins they hold. it may be experiencing a surprising decline now but it looks like a new price will come that will surprise many people later. Be patient and see new opportunities in the future.
A falling market is a great opportunity to buy coins at the best price, but you need to wait for this best price, because no one knows how long the market fall will last. |
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