News everywhere as to "Why is DX Token on the continuous rise"? Although I am not good at analyzing or reading charts, but the handwriting is clear how price has skyrocketed from the lower it was to now. Over the past 5 months, an average trader would made almost thrice of their holding or portfolio in Dx token. The candle is quite green.
A lot still can't figure out the reason for mooning as it is often referred to. obviously, many in this regard aren't the reading type hence this article briefly itemizes some possible reasons as causative factors.
Firstly, I have been engaged on forum discussion for weeks launching different promotion/awareness strategies, fetching responses (both positive and negative for better decision recommendation/suggestions to the team), and collecting data to help in Dxchain overall performance. So far, though a hectic task responding to tens and hundreds of comments, it has proved effective overtime. I often lay emphasis on the /solutions/innovations and business ideologies built around Dxchain Network as a decentralized storage network aims to disrupt the big-data and machine learning sector leveraging a computing-centric blockchain capacity as its layer to establish secure, efficient and scalable platform.
Some of my forum topics you can find here, here, here here, here and here to show but a few. I explained the need to see the good in the Dxchain project beyond just a mere cryptocurrency as the basis for which Dxchain founded. Now, let us consider other possible factors that influence Dx Token.
- Seriousness of Dxchain Team
We would all agree that a project with brilliant ideas could be long dead even from the onset if the team is incapable, incompetent, nonchalant or inactive. A lot of time, investors want to ensure the what they are investing their funds into has active coordinator (s) or overseer. You want to be sure the developers are alive and the Github and social pages are being updated if not regularly, at least at reasonable intervals. Dxchain team deserves many thumbs up in this regard.
- Project and updates consistency
There has been regular update about Dxchain project available on the DxchainBlogSite thus: [Dxchain mainnet-alpha launched on October 8], [Decentralized storage Chain: Utopia of developers], [project update #36], [project update #37] and many more updates.
- China supports for crryptocurrency.
The news that China president -Xi pushed blockchain adoption which led to China ranked 35 crypto project could also said to be a good factor that compliment the rise. Read full news here.
In light of whatever might seems to be behind the scene, Dxchain project is outstanding whilst solving real-life problem.