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Author Topic: Sovryn - price prediction when public sale will be open  (Read 1478 times)
Myleschetty
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April 09, 2021, 09:32:21 PM
 #21

Sovryn is DeFi for bitcoin and use rootstock, right ? With pomp and edan yago support this project. Matketcap for sov for the first trading day i guess it can reach $300million. With total in circullation only 3 million. Maybe sov can reavh $100 for the first day trade or maybe at least $80. In the commming month. If it can reach STX market cap which is 2.4billion and coin incircullation in arround 5million it can reach $480.


This is just my prediction.

When exactly would that be because the project since to be promising and has already gained the support of some influential investors which invested almost 90% of the project market cap, that is the reason why I participate in their bounty.

Nobody can tell you exactly when this will be, as long as already sovryn is  a solid project,  big whales are involved, all you can do is seat back and watch how it plays out,  since I also participate in the bounty am definitely going to hold my sov and enjoy the ride to the top.
Oh. Don't know you also participated in their bounty, have you by any chance receive your bounty payment?
Have see the information i needed about the project.

Sovryn is DeFi for bitcoin and use rootstock, right ? With pomp and edan yago support this project. Matketcap for sov for the first trading day i guess it can reach $300million. With total in circullation only 3 million. Maybe sov can reavh $100 for the first day trade or maybe at least $80. In the commming month. If it can reach STX market cap which is 2.4billion and coin incircullation in arround 5million it can reach $480.


This is just my prediction.
it's using RSK network but i have heard that sov will be launching its own mainnet soon.
When exactly would that be because the project since to be promising and has already gained the support of some influential investors which invested almost 90% of the project market cap, that is the reason why I participate in their bounty.
I will check it later and get back to you when i will get information regarding testnet but i see that "exiled" exiled as the sovryn admin already made an announcement about that.

Here you go https://wiki.sovryn.app/en/getting-started/sovryn-testnet

Some people have been trying to use it and everything went smoothly.
Thanks for the information. I have forgotten that I registered their newsletter and this is what they sent to my email
Quote
Sovryn, the leading DeFi for Bitcoin trading platform, is launching SOV token trading on Tuesday 13th April.

 We are excited to announce that our native SOV token will be publicly tradable for the first time next week, exclusively on the Sovryn platform.
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April 10, 2021, 02:46:13 AM
 #22

-snip-

Obviously you didn't read anything, lol, $0.003 - $0.006 for sov that was bought by pompliano for 12k sat each which is around $7, even the Genesis sale buyers don't get sov at that price,
Certainly you have zero or very less idea about this project,  if you want you can do some research by visiting their Web page or official telegram for information.
Between I heard opening price is around 15k sat which translate in usd to $8.77 Wink
if the opening equates to $ 8.77, I wish it could be more. however, today quite a number of traders are looking to purchase SOVs for $ 3 to $ 4. however, I expect higher prices, or above $ 10. I'm quite excited to wait April 13th to see the price of this coin.

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April 10, 2021, 02:57:58 AM
 #23

-snip-

Obviously you didn't read anything, lol, $0.003 - $0.006 for sov that was bought by pompliano for 12k sat each which is around $7, even the Genesis sale buyers don't get sov at that price,
Certainly you have zero or very less idea about this project,  if you want you can do some research by visiting their Web page or official telegram for information.
Between I heard opening price is around 15k sat which translate in usd to $8.77 Wink
if the opening equates to $ 8.77, I wish it could be more. however, today quite a number of traders are looking to purchase SOVs for $ 3 to $ 4. however, I expect higher prices, or above $ 10. I'm quite excited to wait April 13th to see the price of this coin.

That's what I read on the telegram. $3 sound reasonable when the market is open soon. Everyone in the channel wants to stake already which the demand for rBTC will be higher. I think they are the only platform that if you unstake untimely, the platform will penalize the user with a fee, this will force you to set shorter unless you want to earn more by staking longer.

Could this beat Uniswap if they could make it a success for the DEFI on BTC?

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April 10, 2021, 03:59:16 AM
 #24

Sovryn is DeFi for bitcoin and use rootstock, right ? With pomp and edan yago support this project. Matketcap for sov for the first trading day i guess it can reach $300million. With total in circullation only 3 million. Maybe sov can reavh $100 for the first day trade or maybe at least $80. In the commming month. If it can reach STX market cap which is 2.4billion and coin incircullation in arround 5million it can reach $480.


This is just my prediction.
it's using RSK network but i have heard that sov will be launching its own mainnet soon.
When exactly would that be because the project since to be promising and has already gained the support of some influential investors which invested almost 90% of the project market cap, that is the reason why I participate in their bounty.
I will check it later and get back to you when i will get information regarding testnet but i see that "exiled" exiled as the sovryn admin already made an announcement about that.

Here you go https://wiki.sovryn.app/en/getting-started/sovryn-testnet

Some people have been trying to use it and everything went smoothly.
Thanks for the information. I have forgotten that I registered their newsletter and this is what they sent to my email
Quote
Sovryn, the leading DeFi for Bitcoin trading platform, is launching SOV token trading on Tuesday 13th April.

 We are excited to announce that our native SOV token will be publicly tradable for the first time next week, exclusively on the Sovryn platform.


that sounds good to hear that. It's also better for you to join in the telegram channel of sovryn to get the latest update. Im always watching the sovryn dapp stat and the liquidity for LP is increasing steadily as more and more people interested to get free sov and you can get a few sov for your pocket as well.

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April 10, 2021, 06:42:02 AM
 #25

I am still looking forward on this . I guess a little above its offering price . We can also see the adoption to the different use cases for the token. Hope Bounty hunters wont mess the price on the market.

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April 10, 2021, 07:04:26 AM
 #26

I don't get why some people are just posting without actually having any idea about the project itself, pomp invested 10 million $ on this project and that's around 7$ per SOV and the opening price will be 8$ I heard, this isn't a small project, the use case is no where to be find on the blockchain until now, there is no any other DeFi projects running on BTC chain mates this is new

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April 10, 2021, 08:24:59 AM
 #27

Sovryn project team spend their fund and run advertisements on this forum as bounties. Advertisements will help them to get more eyes on this project and some of viewers will spend money to invest into this one.

With the hype of altcoin market, I guess they will get success and price will be higher than what we can imagine. It is not limited to first price after launch and trading on exchange, price will climb with uptrend market. I believe price will climb in USD but in BTC price, I am not sure because bitcoin can make its price over $100,000.
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April 10, 2021, 11:00:19 AM
 #28

Probably no way to put usdt in from metamask? It's on eth mainnet and sovryn uses rsk?
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April 10, 2021, 11:30:29 AM
 #29

It is a project that I have been following and trusting for a long time. They did a great job as a team. I think each sovryn will cost at least $ 30. Maybe even higher, I read the answers some friends said it might even be 100 dollars. They will give us the answer on April 13th.

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April 10, 2021, 11:45:01 AM
 #30

Probably no way to put usdt in from metamask? It's on eth mainnet and sovryn uses rsk?
Sovryn use RSK mainnet and you can send SOV by having rBTC in your wallet like this picture below, I am excited about this project for sure and now that BTC dominance is decreasing fast I smell huge rally on altcoins coming soon


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April 10, 2021, 11:50:30 AM
 #31

Probably no way to put usdt in from metamask? It's on eth mainnet and sovryn uses rsk?
Sovryn use RSK mainnet and you can send SOV by having rBTC in your wallet like this picture below, I am excited about this project for sure and now that BTC dominance is decreasing fast I smell huge rally on altcoins coming soon



I could get rbtc on kucoin however there is a warning not to withdraw it to eth network. I am confused lol.
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April 10, 2021, 05:52:02 PM
 #32

Probably no way to put usdt in from metamask? It's on eth mainnet and sovryn uses rsk?
Sovryn use RSK mainnet and you can send SOV by having rBTC in your wallet like this picture below, I am excited about this project for sure and now that BTC dominance is decreasing fast I smell huge rally on altcoins coming soon



I could get rbtc on kucoin however there is a warning not to withdraw it to eth network. I am confused lol.
Of cos you must withdraw to a wallet that's compatible, running on RSK mainnet I believe, try clicking on deposit of the rbtc on kucoin, you will see the type of address it gives you



See the address? It's RSK mainnet compatible but it's still eth address

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April 10, 2021, 07:20:27 PM
 #33

Hi guys,
I would like to know your opinions on the Sovryn price, when it goes to public.
Wtb some amount of tokens and I am curious about that...
THX
what makes you so sure about a project that hasn't finished selling yet...
I searched for information about sovryn on coinmarketcap but the information about the token is little. Of course, I'm worried this will just be the next 'shittoken'. lets just pay attention to what will happen when it officially goes to the public.



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Rainbot
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bussybuddy
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April 11, 2021, 03:37:37 AM
 #34

Hi guys,
I would like to know your opinions on the Sovryn price, when it goes to public.
Wtb some amount of tokens and I am curious about that...
THX
what makes you so sure about a project that hasn't finished selling yet...
I searched for information about sovryn on coinmarketcap but the information about the token is little. Of course, I'm worried this will just be the next 'shittoken'. lets just pay attention to what will happen when it officially goes to the public.
Not only OP is sure, but I also believe it will happen. As far as I know from this project, they are considered one of the top projects in the market, so it will not be too surprising if in the first trading days SOV will be strongly PUMP. This instinct in this market tells me that, and certainly time will clear this up.

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April 11, 2021, 07:23:42 AM
 #35

Hi guys,
I would like to know your opinions on the Sovryn price, when it goes to public.
Wtb some amount of tokens and I am curious about that...
THX
what makes you so sure about a project that hasn't finished selling yet...
I searched for information about sovryn on coinmarketcap but the information about the token is little. Of course, I'm worried this will just be the next 'shittoken'. lets just pay attention to what will happen when it officially goes to the public.
Not only OP is sure, but I also believe it will happen. As far as I know from this project, they are considered one of the top projects in the market, so it will not be too surprising if in the first trading days SOV will be strongly PUMP. This instinct in this market tells me that, and certainly time will clear this up.
Yup. I have watched and dipped into Sovryn.  SoV has a very strong team, accompanied by two extremely successful Origin and Genesis sales, it would be difficult to buy SOV because there was a lot of preparation, RSK could be a bit difficult but I did  get used to them.  My expectation for SOV is that it will outperform the AAVE completely, the 1000x possibility that will flash when the first launch is at 13th april.  Let's get ready for a party, guys.

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April 11, 2021, 08:57:14 AM
 #36

Probably no way to put usdt in from metamask? It's on eth mainnet and sovryn uses rsk?
Sovryn use RSK mainnet and you can send SOV by having rBTC in your wallet like this picture below, I am excited about this project for sure and now that BTC dominance is decreasing fast I smell huge rally on altcoins coming soon



I could get rbtc on kucoin however there is a warning not to withdraw it to eth network. I am confused lol.
Of cos you must withdraw to a wallet that's compatible, running on RSK mainnet I believe, try clicking on deposit of the rbtc on kucoin, you will see the type of address it gives you



See the address? It's RSK mainnet compatible but it's still eth address

Yeah OK I tried and that would work but expected rewars is so minimal I see it is a whale thing noa. Thanks anyway.
bittick
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April 11, 2021, 09:09:50 AM
 #37


Only the future can decide for this token mate, because this is a fresh project that will soon to rise. We need to focus with the progress of this type of asset, and when public recognizes it and developers will keeping it more visible at popular trading sites; I think it's one way of making it feasible.

Public already recognizes it, there's promising investors already like Pompliano that brings the hype to the project and have invested into the project. I expected something big when the coin goes to public for trading and it could reach maybe $30 first day, call me delusional but if you think about it if UNI could reach that high, what's stopping this project from doing the same. not to mention it's trading and lending platform bundled.

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April 11, 2021, 09:34:40 AM
 #38

Hi guys,
I would like to know your opinions on the Sovryn price, when it goes to public.
Wtb some amount of tokens and I am curious about that...
THX
What do you want to hear? the words that will favor you?

If you are willing to invest do it right away unless you are not making research , because I have heard that SOV is making a Good movement these days.

Some of my friends are buying this  and i also considering this one.

It is a project that I have been following and trusting for a long time. They did a great job as a team. I think each sovryn will cost at least $ 30. Maybe even higher, I read the answers some friends said it might even be 100 dollars. They will give us the answer on April 13th.
Wow are you serious? 30$? where did you get that? what Magic ball told you about that?

JeffBrad12
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April 11, 2021, 10:37:02 AM
 #39

Probably no way to put usdt in from metamask? It's on eth mainnet and sovryn uses rsk?
There is a way to put USDT to the sovryn dapp. You can visit this site and then try to see the stat and AMM contract. There are more than 2 million USDT already added to the AMM contract.
There is a way to convert your ERCUSDT into the RUSDT that can be used to deposit on the sovryn dapps.
https://live.sovryn.app/stats

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April 11, 2021, 10:48:20 AM
 #40

Honestly SOV don't need any new hype anymore, I know trading will start on own platform but expect crazy price once the project find it's way to top exchanges, it's definitely going to moon like crazy, truth be told it's not that hard to figure out that this is one of those rare projects that always come out of nowhere and rule over. DYOR

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