source:coincodex
Indigen coin is a cryptocurrency powered by cryptonote. It was designed to help indigenous and poor people to educate them by giving them the same opportunity like us to face the challenges of this changing world.
However, Indigen coin experience a massive dumping of there coins since the idgx exchange starts. The price of Indigen coin before the exchange launched was at $0.08.
When the idgx exchange launched, the price of Indigen coin went up as much as $0.20 from the first week to 2nd week. The people who got free indigen coin before, dump their indigen coin for whatever the reason they have. The effect is, a fast reduction of indigen coin value.
The Indigen coin reduces its price to almost $0.03 per coin due to this people who dump their coins for a short term investment.
After a big price decrease plus the bitcoin price decrease effect made the price of indigen coin drops to almost $0.03.
However, after the dumpers dump all their indigen coin, the price of indigen coin slowly recovering even the price of bitcoin decrease, the price of indigen coin continues to increase as of today. You may take a look at the image below.
Here is the chart of indigen coin in coincodex. This is the entire history of indigen coin price value. The price start to decreased from April to May 2018. But it starts to increase again by the 4th quarter of May until today (June 9, 2018).
Now lets take a look for the weekly price of indigen coin. We see in the chart below that the price of indigen coin smoothly climbing up and getting again its momentum.
If we take look on its monthly price chart. You can see a massive start increasing of value at the end of the chart.
This is all the proof that indigen coin will continue to increase its price value due to the fact that all dumpers were already have no coins. This is a good news to all indigen coin holders and I am proud that i am one of them.
The price of indigen coin today is now $0.07.
All of this figures and analysis is based on my observations and research. Thank you for reading.
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That's good news for Indigen coin holders. It is really hard to predict the market and it is a risk in investing.
Yes indeed. Especially if the coin is just beginning