The rise of the DeepOnion explained
With a price increase of 100% in the recent few weeks, from 0.59 USD to 1.18 USD per onion, it is clear to say that the DeepOnion project is on the rise. But what is the cause of this rise and what does this mean for the upcoming few weeks? In this article, I will give the factors that contributed to the rise.
Deep Domination Tasks
For two weeks now, members of the DeepOnion community are stimulated to perform so called Deep Domination Tasks which reward them with more DeepPoints that will be exchanged for Deeponion tokens on the Sunday Deeppoint Airdrop. Tasks are mainly there to share the word about the DeepOnion project on the internet, like on Youtube, Facebook & Reddit. More than 10.000 so called tasks were performed in the past 2 weeks, spreading the word about this 5 month old project, making this project more known among others. The amount of (potential) new investors reached is truly amazing and of big influence on the DeepOnion price.
You can imagine that with the completion of more than 10.000 tasks, the message regarding this project has been shared a lot across the web, resulting in a lot of new investors. These new investors make the price go up since the demand for the Onion is higher than the supply.
The biggest community and its stability
With being just a few months old, the DeepOnion forum is already the biggest cryptoforum around, even beating the well known Bitcointalk forum with more daily active users and posts. The official thread of the project on the Bitcointalk forum even has the second highest posts ever on Bitcointalk!
The highly active members are among the most friendly and helpful around, helping each other to make their project to a huge success. With the high activity you can expect some rotten Onions that spam on the forum, but the highly active developers, moderators and true members are working hard together to bring the abuse on the forum to a minimum, with huge success making this community very active and stable.
Two moderators even opened a DeepOnion store where merchandise can be bought at cost of price, to promote the project even more.
Two airdrops a week with less strict rules
I already wrote an article about the airdrops so I am not going deep into this one, but the new airdrops with the DeepPoint airdrop (that rewards members for being active on the forum) in particular, are resulting in more new members each and every day, making the community even bigger by the day. In the last few days they welcomed more than 400 new members. Everyone wants a piece of this Onion and with the new DeepPoint airdrop and the less strict general airdrop, more new investors are drawn to this project.
The future
The combination of the very active community and the two easy to access airdrops are resulting in a high rise in the price per onion which will continue to rise in the next few months/years looking at the promising roadmap and the continuation of the Deep Domination Tasks. The project will see a lot of marketing efforts in the next few months and new promising features will be released soon. One of them is the DeepSend feature which enables users to send DeepOnions fully anonymous and instantly.
This is only the beginning and you should not expect a dump in the DeepOnion price, so investing in this promising project is highly recommendable.