How do you see the value of this coin going up in the future? What are the primary reasons for the coin to raise or lower in value? Thanks.
The reasons to raise are:
Increased Token DemandBased on our experience with Fox Binary Signals, we have determined that interest in our trading algorithm increases every month linked to it’s profitability. Additionally, new users will need to purchase tokens to gain access to services and current users will need to hold it to keep the lifetime access. All these points combined create an unstoppable demand and drive up the price of the FOXT token.
Deflationary tokenAfter every payment of FOXT tokens made on the Fox Trading platform by new users, a small amount of those tokens will be burned, making the Fox Trading Token a deflationary currency.
This mechanism ensures the growth of Fox Trading token value which will incentivize long-term holding of the currency by investors.
.
To go lower in value could be on a market draw down like now.