The volumes on hotbit are falling drastically and also the price has come down even from the ICO price of $0.1.
What is causing this drastic fall?
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The volumes on hotbit are falling drastically and also the price has come down even from the ICO price of $0.1.
What is causing this drastic fall?
Hi @premkumarroy, the price decrease is due to the overall decreasing market, specifically ethereum, as well as consumer market conditions. Since we don't have visibility into Hotbit's Trade system yet (api coming soon), we can't see specifically what addresses were causing such volume and how it tapered off. That said, what is in our control is that we will continue to work hard on the platform and prepare the API for it's August Beta Launch, prepare our Mobile Platform, and continue to market effectively. Hodling is far and away the best method for holding onto your Booleancoins right now, imho. Thanks for the question!