I believe several traders are taking advantage of the situation on the market to try and gain huge stacks of LIMX. Why? Because they see the future value of the coin. The current value is simply because of the LIM to LIMX swap. It was the most fair thing to do, no regrets there, but it made supply outstrip initial demand. There is a LOT of LIMX available since release because 800k + LIM were converted to LIMX. At the same time, some mined LIM after 6/6 for larger personal gains, some transferring for LIMX before it was caught and turned off. This is a temporary undervaluing of LIMX.
This coin has a lot going for it. An awesome community, the LIM community! Stable code, A stable network, and a secure network. A big infrastructure with many great providers of goods and services on board. A pile of features, right out of the gate, carried over from LIM. A laundry list of features being worked on right now, and many more planned, several of them quite unique in the usual LIM stlye! Many, many goods and services incoming over the next days, weeks, and months. A dedicated dev team and staff, committed to seeing LIMX be the absolute best it can be.
Don't be discouraged by traders playing the hands they are dealt. Acquire LIMX cheaply while you can. Don't give it away to bogus buy orders. Don't panic sell. It's better to hold your LIMX, spend that LIMX on goods and services that are already available, the dozens more that will be available soon, or on games, than to throw it away.
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