Long and Stronk
Updated
Iconomi (I-C-N) was the only token that didn't appreciate in value along with the whole cryptospace during the BTC, ETH and DASH bull run. While the index token (ICNX that is available for buy/sell on the platform) gained 100% returns in one month and the whole I-C-O funds portfolio and the ICNP (performance fund, currently close to 9million USD worth) doubled in $ value.
Investor update was announced on Slack to be posted in the upcoming days, this aswell as more than 60 people being added for beta-testing on the Iconomi platform with new invites being given out daily/bidaily caused a price jump.
The 0.00021 level was tested multiple times but rejected to go down further albeit the FUD (random nonsense) on the Bitcointalk thread and now has moved to a moderated thread with better discussion.
When watching the initial support-resistance levels and market sells we can see that many of the I-C-O "investors" are not familiar with trading and where easily swade by FUD/FOMO and lured in to sell into whale accumulation orders.
With improvements to the ICNX buy/sell platform and launch aswell as development ongoing for the Fund Management Platform, Iconomi is a good long.
Investor update was announced on Slack to be posted in the upcoming days, this aswell as more than 60 people being added for beta-testing on the Iconomi platform with new invites being given out daily/bidaily caused a price jump.
The 0.00021 level was tested multiple times but rejected to go down further albeit the FUD (random nonsense) on the Bitcointalk thread and now has moved to a moderated thread with better discussion.
When watching the initial support-resistance levels and market sells we can see that many of the I-C-O "investors" are not familiar with trading and where easily swade by FUD/FOMO and lured in to sell into whale accumulation orders.
With improvements to the ICNX buy/sell platform and launch aswell as development ongoing for the Fund Management Platform, Iconomi is a good long.
Note
New article has just sprung upNote
medium.com/iconominet/iconomi-introduces-repayment-programme-54bfa449d458This means just buy and HODL no ceiling with supply being burnt.
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