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RE: XEM Market Cap Surpasses $100m

in #bitcoin9 years ago (edited)

I was in NEM since inception and honestly I don't understand from there this hype came. NEM is really good tech based on Eigentrust++. NEM has awesome and engaged community. Yes. But I cannot see enough community and transnational activity to explain 100M+ cap. It seems that markets has been manipulated. Sad for NEM.

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Hype seems to have built really quickly in the last 2 weeks. I consider myself pretty well read around crypto currency projects, but it went reasonably unnoticed for me until recently. Moving from 350satoshi to 1914satoshi in 2 weeks is a bold move...

You have any opinions as to where we are going from here? I hate to see projects like this get dumped, so many don't recover. However not many projects hit $100m market cap... I'm too late to the party, however will be looking to buy if we see a 50% retracement, I like the project and the adoption rate is going to be helped no end by the price rallying the way it has..