Alliance Block (NXRA) - Good investment?

[JamesDaniel90]

I do not have any investment in the above but thinking about it.

86% of its supply is in circulation and only $35m market cap.

Anyone else invested or can advise if this is a good opportunity?

Have watched a few videos online many say it can 100x next bull run but even a 25x would be great and with its low market cap and most of the supply in circulation it could be possible / likely.

[coin-investor]

If you checked all coins in the top 200 and ask a similar question like this you will end up spamming the forum with your useless question based on your post history you've been asking a lot of questions that are too obvious if you think based on your analysis and what other people have said about this token that this is a token that will likely hit 100x then go for it, there is no need to post something that's obvious for you, invest or do not invest only you can answer that, no need to ask people to justify that you made the right decision to invest or not.

[o48o]

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86% of its supply is in circulation and only $35m market cap.
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Where are you getting your data from? According to coinmarketcap, fully diluted marketcap is $224,034 and 23.30% is in circulation

The numbers you mentioned sound very appealing, but I couldn't find any information about the investment fund in the project as well as information about the team, which might be why it has such attractive figures. No problem, if that's your choice, I would only advise you to invest a very small amount in NXRA.

What's the appealing part in this? It looks like a project that was dead on arrival and has $80 daily trading.


Sure, it could move fast if people pick it up, but i can't see any reason for them to do that. And even 200K marketcap is way too high for this kind of volume.

[cryptoaddictchie]

86% of its supply is in circulation and only $35m market cap.

Actually quite low marketcap for a decent project and if you gonna invest with that and that hits like a major projrct with the same concept. It could go pretty wild like more than 50x or more. I heard of that project and thats a great one but since its bear its quite hard to pull off funds to inject more for each altcoins. If you are a patience guy then its one of the good one to pour money in. But of course dyor, check updates and current status of their progress and development.

[MAAManda]

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86% of its supply is in circulation and only $35m market cap.
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Where are you getting your data from? According to coinmarketcap, fully diluted marketcap is $224,034 and 23.30% is in circulation

Dig deeper into the information first before you respond or make a statement friend, here you are 100% wrong, look at the topic title created by @OP, even though there are several projects with the same name, at least we can differentiate them from the ticker, if the ticker is too the same, then you have to dig deeper into the information first.

Here's the CMC page from AllianceBlock (NXRA) that @OP is referring to: https://coinmarketcap.com/currencies/allianceblock-nexera/

It's confirmed that currently the tokens in circulation are around 86.44% and the MC is around $36M.

[Xal0lex]

I wouldn't say it's a bad investment. Right now the project is at the very beginning of its journey and the price is not very expensive. This is a case of a small capitalization project that can grow well in the next bull run. The only thing that confuses me when investing is that the project doesn't have any big investors, but it is listed on exchanges with good liquidity. In general, you can take a risk. DYOR.

[karpethitam]

I'm a newbie, but I don't want to take risks based on "what people say", since 2014 I rarely follow people's fomo that this altcoin will rise 100x 1000x or thousands of percent, but I always do my own research. you don't know when your money will be eaten by whales lol, so I suggest doing your own research so you can be sure this altcoin will make you rich in the next bullrun.

[tvplus006]

...Have watched a few videos online many say it can 100x next bull run but even a 25x would be great and with its low market cap and most of the supply in circulation it could be possible / likely.

It all depends on who makes such predictions. And if it comes from team members, then it is natural, because they are interested in having their coin bought. But forecasts don't always come true, and what will you do if it turns out to be wrong this time?

[JamesDaniel90]

I should have just bought then rather than ask the question as it went up over 45% in 3 days!!

Hopefully it comes back down again and I will buy my first few thousand - I think it will be worth holding a bag of 10,000 till the bull run as I can see this doing a 30 - 50x.

[JamesDaniel90]

Woke up to the news of a second hack with this altcoin - see link below.

I have £300 invested and its currently worth £155 so almost 50% down.

Is it worth just holding it, maybe even buy more if it falls lower and hope it recovers - or is this not looking good and better to just take the loss and invest the money elsewhere?

Anyone else invested?

https://cointelegraph.com/news/nexera-hack-1-5-million-nxra-token