Ignis distribution on exchanges

in nxt •  7 years ago 

Hello Crypto people,

As a holder of NXT on the airdrop, we all expect to have Ignis in our wallet now. (some of us have, from the non exchanges wallet) but most of us is anxious waiting and flooding the exchanges support ticket for an answer.
After some research I did, I may ease your mind a bit.

For comparison, let's say you have your NXT in Bittrex at the snapshot.

Bittrex has the highest volume on NXT, around $34,859,900 atm.
and Bittrex is ranked #3 in 24h volume ($4,049,077,979).

First exchanges that distribute Ignis is AEX at Jan 3,
#44 in the last 24h Volume ($53,328,195).
2nd exchanges that distribute it is Bitcoin Indonesia at Jan 4. #33 in 24h volume ($99,545,358).

Now doing the math, higher volume means higher number of users/wallet for Ignis distribution. if the first exchange (volume $53,328,195) deliver it in 3 days, so my guess for (volume $4,049,077,979) exchanges to distribute, is waaaaay longer.

As the for the price, currently Ignis is traded at "that price couldn't be right, this whole Jelurida thing is a scam",

errr I mean $1.22,
with total trading volume on Ignis from 2 exchanges combined ($812,981 at AEX and $4,349,180 at Bitcoin Indonesia is around $5,162,161.

As Investor, my analysis/personal opinion (no data for technical aspect yet) for Ignis is, price will appreciating once the major Exchange list it, because there will be more trading volume, hence higher market cap. And then fast selling from furious NXT holder and some of the ICO prospector, that drive the price lower.

And so begin the journey of the baby Ignis into the wild. . .

PS : Ignore the data from HitBTC, the one listed is futures price of Ignis, not the real Coin

If my post has helped you in any way, please upvote, resteem and/or consider buying me a chicken:

BTC Wallet - 1NSwpmR1SkRWBsyqhcVw8Fm1FaySKzDaPp
ETH Wallet - 0xd19e4F44975c3C60aB6a47135cED72ADb0a46067
NXT Wallet - NXT-VDA3-HFUJ-W2C2-7K7CA

DIsclaimer : Everything above is my personal opinion, and not a recommendation to buy or sell anything. Please do your own research before putting your money at risk.

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