Nice to watch that pump for dump
when XYM real start of trade is so delayedâŚ
Nice to watch that pump for dump
when XYM real start of trade is so delayedâŚ
Good Morning Brothers,
Yesterdays Bitcoin Price drop affected all price progression in all fronts. Having said that XEM price progression was delayed for a while and it resume the natural correction a few hours later when BTC had had itâs correction.
Having said that⌠artwork update and conclusion about the move:
Price ranging as projected and the plan is still 100% on heading to test and break the 0.4266 resistance.
think like a market maker and be a market maker copy-cat
Meanwhile: https://twitter.com/NEMofficial/status/1371656354457382914
Symbol launch is delayed past the 15 March.
There has been an anomaly identified in the deployment step.
It is being investigated and will take a few hours.
Next update before 16.00 UTC 16/03/2021
Actually, this can be a good thing⌠more time for XEM to do the pullback move⌠letâs wait and see
This was posted a few hours back on another thread on this forum:
https://forum.nem.io/uploads/default/original/2X/2/228f739182f5b73ed1c76e3e05903a566289e0fe.jpeg
This is bullish for XYM, XEM and crypto in general!
Hodl. Hodl. Hodl!
the same will be in China, printed helicopter money will cause massive pump, only is question when will be much more massive, now in March or in late Spring, i bet that in late Spring, near top od this bubble.
I wanna know if your expectation is for the XYM price to PUMP or DUMP when Symbol gets launched and listed on exchanges. Let me know in the comments below!
The problem about symbol has been found and fixed: also dave: âIf the remaining steps run smoothly, we anticipate very good news later todayâ
So, we will probably get news today
This doesnt really mean anything since volume is very low.
But yes, XYM will DESTROY XEM in the future since the team will now work on XYM. All the projects will be made on XYM. Why the company would work on XEM when they can use its better version lol ?
There wont be marketing anymore on XEM. Marketing budget will be spent on XYM. And team will introduce XYM to companies, not XEM.
I dont know why some people dont understand it.
I agree about volume
maybe XYM become very big
Just love green wave
The hype is growing for XYM listing in exchanges! IMHO my plan to buy cheap XYM to increase my XYM stash is over. I will just sell my airdrop XYMs at a pumped up price!
Iâm expecting XEM to dump as soon as Symbol is launched.
https://www.tradingview.com/x/nPdAU9wV/
ongoing pump before dump
intresting are volumes of two hourly candles today, i dont show it, everyone should see thisâŚ
https://www.tradingview.com/x/PrcbZ2sM/
maybe 15min will be better to see that
xem 0.70$
xym 2.5$~5$
maybe
give me your opinion
That would be perfect!!! Letâs go!!!
Youâre gonna be rich! Just imagine XYM at $5: if you own 100,000 XYMs, you would have US$500,000!!!
Or even better! If you own 200,000 XYMs, you would have US$1,000,000!!! A millionaire!
Very high possibility for that, especially for XYM, after first day/days of dump by small holders/shortterm profit takers/angered by dumpâŚ
Why do you expect this?
My expectation is that people may want to sell XEM to buy XYM because it may pump a lot more than XEM. But donât listen to my opinion. Now Iâm not even looking at charts to support my expectation. Do your own analysis!!!
I see two possibilities at listing time:
XYM airdrops to exchanges and a large volume of XYM is immediately sold back into XEM (this happened with the BTC/BCH fork in 2017). This would likely pull XEM out of the downtrend, while XYM price would start high and fall after listing before recovering later.
XYM airdrops to exchanges and very few holders decide to sell, causing XYM price to increase upon listing. In this case, XEM price would likely stagnate or continue to fall as lazy investors see the XYM hype and start selling their XEM to get in.
Personally Iâm leaning more toward scenario 1. If you look at the XEM chart, youâll notice that most hype investors already sold their XEM right after the snapshot. This makes XEM extremely oversold, and a very obvious dip to buy with XYM profit. I wouldnât be surprised to see XEM recover to 0.70 while XYM starts at $5-10 and plummets immediately.
For long term price, I tend to agree with @Damien666âs estimate because the nature of the snapshot guarantees that the XYM supply will be much lower than XEM. If XEM whales refuse to sell their XYM at listing time, this will create a huge bottleneck in supply which will likely drive the price back up in the coming weeks if it does drop initially.
All in all, itâs anyoneâs guess. If anyone is confident about either of the scenarios I described, you could make a healthy profit on XEM futures today lol.