I think we will see more upwards and downwards movement on DOGE in the coming days because binance has launched contract trading for DOGE that too with up to x50 leverage.
Binance launched x5 leverage trade for DOGE,not x50  They launched the futures trading for DOGE coin with x50 leverage you can check the link. here. Did I used the wrong term for the futures trading? If I did then my bad lol. |
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I think we will see more upwards and downwards movement on DOGE in the coming days because binance has launched contract trading for DOGE that too with up to x50 leverage.
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We will be integrating support for WanChain (WAN) ecosystem cross-chain assets into all XPOS devices, making people to easily use WAN, WBTC, WEOS, and WETH both online and offline. Source: LINK |
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It looks like PundiX is in danger with this, hopefully they won't be delisted.
If the volume goes below the required 24 hour minimum volume required by Binance, They will delist it as they did with other trading pairs. This is the current state of the remaining trading pairs. I agree with your fear because I have seen binance many times delisted a coin because the coin had lesser volume than their criteria but I just saw the stats of NPXS and it's nice to see that volume is slowly going up. So i guess for now we are safe |
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Is there any way we can change the gas fees in the enjin wallet? I wanted to sell a few collectibles over there but the total network charge is coming out to be a big number lol.
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Enjin Coin has been added to the AaveProtocol! You can now earn interest on your #ENJ as other users borrow your coins—all controlled by immutable, transparent #Ethereum smart contracts with price feeds secured by Chainlink's oracle. https://blog.enjin.io/defi-aave/ |
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Why is that when a promotional video or a tweet by popular individuals regarding a particular crypto are published, people go panic buying pushing the price up and become part of the reason for a pump and dump? Elon Musk just tweeted about DOGE coin I guess we might see another phase FOMO coming in for DOGE coin. You can check out the tweet here. DOGE is already up by 14% after that tweet lol. It's a psychological thing I guess whenever someone with millions of followers says something about some product then their fans instantly wanna go try that thing. Makes them feel like a celeb?? |
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Binance just recently announced a delisting of coins in their exchange. This will be effective on the coming 20th of the month - https://www.binance.com/en/support/articles/24e25a86a7c44ac49f4a7efb3c28d56aIt looks like PundiX is in danger with this, hopefully they won't be delisted. The team have lost interest, they have failed this project. Their mismanagement has been at the core reason for its demise. Pundi X was one of those projects that had everything to make it a top investment target but it is on a slow decline which will eventually lead to its ultimate decline which will hit investors hard. Innocent investors that believed in the project will end up lose everything. I agree with you completely It would be a really a tough task to bring the price back to the old price because I am yet to see that aggressive marketing from team like they did during the ICO. Well, that could indeed come true because the volume is slowly coming down and if it continues then they will definitely delist them because they would want to list some new coin which will earn them more money. |
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Elon Musk just tweeted about DOGE coin I guess we might see another phase FOMO coming in for DOGE coin. You can check out the tweet here. DOGE is already up by 14% after that tweet lol. |
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Most investors are simply disheartened now because of what has happened to their investments, to see the price drop has been a huge disaster for them. The price will probably be unable to recover to any price that will make it easier for them to cut their losses. Most of the old NPXS investors are waiting for a breakout so that we can at least have a breakeven on our investment. If they could release few details like how many XPOS are actively being used around the globe and some marketing efforts could really bring lost faith to the old investors.
This is something where every holder is expecting positive news from the company, this will help for many investors to grab this coin, of course, they are burning from the supply, but the supply of Pundix is really huge and it will take many years to increase its price. I agree with you completely It would be a really a tough task to bring the price back to the old price because I am yet to see that aggressive marketing from team like they did during the ICO. |
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How much money do you think those associated with the pump and dump (and promotion of the videos) made? DOGE price was always going back to pre-pump and pre-hype time because the TikTok publicity was eventually going to subside.
That's the problem with social media hype, once it's over, the price will slowly go down as seen from the trend. Most of those tiktok users don't know how a particular coin can sustain their level in the market. If the reason of the rise is empty, it will go back to where it was. But no worries, we still love doge for transfer purposes.  They would have made a lot of money by this. We could assume they might have brought DOGE between 22-26 sats or less and the price went as high as 65 sats so about 150% at minimum I think. |
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And now the price is going down which was to be expected. The one reason why I use Doge is for cheaper fees and from what I have seen from a lot of people that seems to be the main use case for Doge when transferring from exchange to exchange. I hope everyone enjoyed the pump while it lasted and it will be interesting to see where the price settles.
If one investor has been in crypto for long enough, the one should know that good news are not actually only reasons to help price rising. There are more important contributors to price rises, the right period of the market. When the general trend of market is upwards, good news do so their biggest impacts on price. That is exactly what TikTok brought to Dogecoin. Same with you, with or without the tiktok's commotion, I am using doge for transfer purposes between exchanges. I think that is one major use of doge among crypto users. With its availability across many exchanges, it is quite easy to trade them back to the coin you want. But if nothing else, this tiktok brouhaha will drive users to be crypto users. Because I believe most of them doesn't even know how how to transact with crypto.
Without TikTok, Dogecoin will do rise sometime because its price does not increase latest months. The rise only occurs sooner or later depends on momentum of Dogecoin. Last week, Tiktok triggered the huge momentum and the coin skyrocketed. The price of Doge might of went up without TikTok however this was a massive pump for Doge which we have never seen before. We could see that Doge was in accumulation phase from the start of the year and I do think it was due for a price rise but what we saw was a massive pump due to a group on TikTok pumping the price and now we are back to around where it was before the pump. It was good for the ones holding Doge for a long time but for me like I said I mainly use it for cheaper fees. I think that TikTok didnt have any particular influence on DOGE price.It was just convenient event,used (and perhapes started) by huge whales,imapatient to wait longer for broad market rally.Quick pump/dump for cashing DOGE bought at low price. TikTok did create a little bit FOMO on $DOGE which resulted in pump & dump but I agree even without the help of TikTok DOGE coin could have rose as it did many times before. |
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Most of the old NPXS investors are waiting for a breakout so that we can at least have a breakeven on our investment. If they could release few details like how many XPOS are actively being used around the globe and some marketing efforts could really bring lost faith to the old investors.
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Development wise where we are at right now? And did they make an announcement about how many transactions per second we are getting right now?
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On July 13 they will be performing a system upgrade during that period we won't be able to use the services provided by the wallet. In this update, they will be rolling out Paypal to XPOS and will implement a mandatory KYC procedure. Twitter: link |
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Yep! eventually, forkdelta is going to meet with the same fate as etherdelta because the exchange is getting slower than usual for the past couple of months which in my opinion would be the downfall for forkdelta. |
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