Everyone in the Crypto world has most likely heard about Bancor. If not, well it was a recording breaking ICO. Raising over 150 million dollars, so when it became available on the Bittrex Exchange it took an immediate nose dive to under $5 almost down 80%. The crypto community is still deciding on the future of Bancor as it has been moving between $4-$5 dollars stuck on a horizontal trend with no other major moves..... Yet
What is Bancor?
Bancor is all about managing and trading Tokens, including ERC20 tokens created on the Ethereum Network (BAT - Basic Attention Tokens), Golem, Augur and more!
Think of it sort of as the bank for Trading Tokens created on the Ethereum Network
So there shouldn't be any hesitance to buy Bancor, they weren't a record breaking ICO for no reason. Also what many people don't know is that Bancor has partnerships with some other amazing ICO's that many people also missed to buy into, such as Civic and Status. Another big partnership is AntShares which had a major pump within the last few days, it has also stabilized around the $7 mark, and is only heading up. So hypothetically if AntShares was to go up wouldn't Bancor? Vice-Versa
Therefore in my opinion Bancor is going for a bargain price and will son skyrocket and you'd be sad you missed out.
Check out the other Bancor Partners here : https://www.bancor.network/partners
You can buy bancor now on Nova Exchange but the price is dropping!
It will drop at first but I'm quite sure this time next week it should be twice its value.
Perfectly!
Very good article. Thanks for bringing this to our attention. I strongly advice people to only buy in to cryptos that have a solid background: A solid team, product, advisors, preferably VC investors, etc. Sell all cryptos that don't have this solid background. It's a waiste of money. Does anyone know about: https://www.coincheckup.com I'm really happy with this site that gives complete coin analysis for every single crypto. Go to: https://www.coincheckup.com/coins/Bancor#analysis To check Bancor Research report.
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