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Capitalization: $1,264,875 USD
The whole project on one page.
Category: investments from 3 years with high potential.
What problems does technology solve?
The main goal is to make blockchains compatible via protocol Ferrumto reduce the departure of value from cryptocurrencies and simplify exchange transactions.
What will push the price up?
1. Staking, as one of the factors, will move the price up. Coins leave the market for a year of staking. Next Staking In 2 weeks.
2. Ease of sharing. It is possible to convert tokens into chains ERC20 (Etherium) and BEP2 (Binance Chain). Therefore, it will be possible to send tokens to Binance DEX.
3. The commission for the use of the token is burned forever.
Ferrum is trading after an ICO.
$ 120,000 at $ 0.0114 (private - 10.52 million FRM + 40% bonus = 14.7 million)
$ 500,000 at a price of $ 0.0139 (private - 35.9 million FRM + 15% = 41.2)
$ 200,000 at a price of $ 0.016 (private - 12.5 million FRM)
$ 300,000 at $ 0.016 (publicly - 18.7 million FRM)
Total: 87 million tokens for $ 1,120,000 with an average price of $ 0.0145.
Now 1/3 coins are in circulation - 111 361 836 FRM.
What will push the price down?
1. It is still not very clear where the tokens came from, because the price is lower than the average ICO price, and the capitalization is higher than collected on the ICO.
There is a correction in the market. Presumably this is a C wave. Wait for the divergent bar to appear and a coup over 0 for the joint-stock company for a medium-term purchase.
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Not a financial recommendation. Trading and investing are considered high-risk activities. By making a decision, you acknowledge that you assume the probability of a complete loss of funds and do not make exchange transactions for borrowed funds.