You can call it greed, I'll just call it an unlucky move by the people behind this great coin. It was all set to go, XDN called and the investors gather around this great concept and started buying into it in record amounts, and then...
Was that the turning point of all the progress made by XDN?
The announcement came after XDN collected the record number of over 55 million dollars in market cap and immediately after that, the price started to go down and never went back up again.
The ICCO (initial Crowd Coin Offering) didn't go that well after all. The capital started to slowly disappear and soon they lost more than 50% of their gains creating a lot of uncertainty.
http://xdndigitalnote.com/news/xdn-digitalnote-market-uncertainty/
The concern grows more as the end of the ICCO approaches without reaching the needed goal and the soon release of 1.25 billion coins to the market which will bring the price of XDN down to nearly half of what the chart shows as of now.
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I can't say that this will mark the end of this wonderful project. The roadmap ahead brings lots of light back into it, but it is my responsibility to share this sad note to all of you that followed my advice and bought this coin because I recommended you to.
One can only predict the flow of the project itself, but one can never be sure of the psychology of the team behind it.
I'm not suggesting for you to sell it since I'm not an adviser, but be ready to see XDN struggle to its survival in the coming days unless some extreme changes are implemented in the lasts hours of the ICCO.
I never meant to miss lead you on any of my suggestions, for I always lead the path I always suggest you follow.
GOOD LUCK MY FRIENDS. I'LL KEEP MY PROMISE TO KEEP YOU INFORMED ABOUT THIS GREAT COIN.
Read more about it:
http://xdndigitalnote.com/news/xdn-digitalnote-co-final-round/