After months of staking and nothing major going on with the platform something is brewing. The last notable announcement was made back on April 17 in which they also mentioned "Updates regarding transfer of THRN and external exchanges coming later this week" this got investors excited however the week came and went and nothing was announced. Investors are very inpatient and after a few weeks started selling coins which led to the price dropping all the way down to $0.07(may have been lower)
On May 9th following announcement was made
Update!
We have been quiet but we are still here working hard. After some unexpected delays we are now close to a listing on an external exchange. We expect to be able to announce a launch date within the next few days. We have also made progress on our marketplace and will have a more detailed announcement next week.
We also remind everyone to make sure you have 2FA enabled on your account to ensure your account is secure.
This has reignited peoples passion for thorn and the dreams of going to the moon are seaming more like a reality.
It is a matter of time before Thorn gets on an external exchange and anything could happen.
Price could stay the same, drop or moon I'm hoping for the moon but your guess is as good as mine.
Major positives are platform runs fine, deposits and withdrawals are done with no problem and the daily interest is paid on time. Platform is easy to use and navigate. Low market cap only 9m coins
Next update will be at time of exchange
If you are invested on the platform please leave comments below on any thoughts you have
Thank You
Price has jumped to $0.45 and has now settled at around $0.19 according to https://icorate.site/ however this is not the most accurate, to get the most accurate price you need to log on to the thorn account and have a look at the internal exchange price.
Lol when will these lending coins just give up already gee whiz they are not sustainable and most of them are schemes. Thorn coin is just another bitconnet, davour, falconcoin we've seen it all before
If you really want to get into a loan market coin check out Nexo
you may be right and if it gets have as much as bitconnect devour everyones laughing that's in it from the beginning. Personally I don't think they are the because people are not that stupid to create the same type of platform over and over again but only time will tell. Will have a look at nexo thanks
I’m not saying you can’t make money with arbitrage coins like that it’s just not ethical in my view but to each their own
Here’s a post I did in nexo if you’re interested - https://steemit.com/cryptocurrency/@chekohler/nexo-exchange-is-live-get-cryptobacked-loans-a-world-first
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