Nano volume in Binance is now greater than.........
> Bitcoin Cash > XRP > Litecoin > Dash
.......all of these COMBINED!
With an 8-month continuous dump from all these groups, Nano now has 100% of the coins in circulation with maybe the best distribution next to Bitcoin.
> Bitgrail hack has been dumped.
> Faucet freebies have been dumped
> December buyers who made bank have dumped
> $20-$30 range buyers have dumped
> Devs, friends and family have dumped large stacks
That means unlike a lot of non-mining shitcoins and every ICO, the founders don't own 40-95% of the tokens in tokens. It also means that unlike mined POW coins, there is no inflation. The dump was been great for distribution and now it was oversold and the price has rebounded and has been rising for 2-weeks straight.
On top of that, yesterday Nano got a lot of exposure on the Voice of Blockchain Conference on a panel discussion scalibility.
This really has pushed prices up further. But forget the short term swings, HODL Nano because it is going to go absolutely parabolic during the next bull run which may be in 2021. It has the tech, it has the hype, it has the usability and simplicity that gets normies excited; it also has the green factor and factors like distribution and lack of inflation put Nano in one of the best positions for a sustained upward movement long term.
not touching this shitcoin with a 3 meter pole, there are other coins that will yield gains
Bentley Walker
Almost everyone holding nano right now is holding heavy bags still and praying for a good exit point. There's no way the pump will maintain itself. Bear market will resume shortly.
Josiah Davis
can you feel that, boys?
this feeling is so new and amazing
Christian Scott
this
Christian Smith
I guess you started in January this year ?
Jonathan Baker
Apparently not. Goodbye shills
Christian Rodriguez
When does CNBC begin to shill nano ?
Oliver Mitchell
On biz and cant comprehend a blockchain explorer. Back to rocknight zoomers. Holy shit lol.
Aaron Wood
this really feels like iota circa nov 17
Juan Jones
What good is a blockchain explorer if it doesn't have a rich list?
There was always a rich list. RaiBlocks frontiers and Nano Frontiers. It seems to be down when they moved from the explorer Nano.org to the new site Nanode.co
The devs fund still does hold almost 5 million. Which is less than 4% of the supply. Considering that every ICO holds 40-95% of the supply and Ripple holds 60%, Stellar holds 82%, Neo holds 40%, this is pretty amazing for non POW distribution.
I am just comparing it to a major exchange where BCH, XRP, LTC and Dash were available.
Also a shitcoin like DASH has like more than 95% fake volume with 150 Million coming from ZB.com and most coming from fake Chinese trading volume exchanges.
