10 days ago I joined NIOXmaker earndrop campaign where you could earn one NIOX per minute when the bot is making trades in your place. Overall, you could earn more than 14 thousand NIOX tokens! When the earndrop campaign started, one NIOX traded for an average of $0.05. Yesterday morning the game changed, a lot of buys came in and the price doubled in less than an hour. Today the price has already tripled and one NIOX is worth more than $0.15! 14 thousand multiplied with 0.15 is $2100 which is more than impressive!
Although I didn't manage to get all 14K NIOX tokens because that would mean the bot needs to work non-stop all 9 days, I feel like I will have a nice bag of NIOX when the results are announced. From what I heard, it will take about a week to distribute the NIOX tokens. After that, I'll let you know my results. If we're talking about the token itself, I'll definitely hodl the biggest part of my earnings until one NIOX is worth at least a dollar.
Solution, Team, and Partners
In the collage below, you can see that NIOX team is real and has been working on a product for quite some time now. The coin has been there since 2017 and is now starting to gain pace. I guess the earndrop campaign had a lot to do with it because after each session all the participants needed to share their results on Twitter. Some big whales noticed that and decided to invest their assets into autonio foundation.
As you can already see, there are a lot of new things coming to the platform starting from bots with machine learning, to liquidity mining programs, market makers, and decentralized exchange. In addition to all that, NIOX has partnered up with some pretty big names such as Matic, Elrond, and TomoChain. If this doesn't make you bullish, nothing will.
Intelligent Market Maker
In the image below, there's a comparison between Uniswap (which is automated market maker) vs Autonio foundation's Intelligent Market Maker where we'll be able to pay flexible fees and manage risks properly. Another great thing about it is the ability to survive the bear market or even make some profits with the market maker.
DAO and Token Advantages
DAO is Decentralized Autonomous Organization and soon, there will be NIOX DAO with a lot of benefits for the members such as zero fees when you're using NIOX Smartdex (not out yet but soon to come), free tools, staking rewards and much more.
To become a DAO member, you must lock 300K NIOX tokens. A few days it would cost you about $15K but today 300 thousand NIOX costs more than 50$K! When whales start joining up, I believe the price of NIOX will increase multiple more times.
Crazy Price Chart
We talked about it but now I want to show it to you. Yesterday morning was really nice for all the NIOX holders and earndrop participants as the price doubled in less than an hour after a whale bought a bunch of NIOX tokens.
It's relatively easy for a whale to make such an impact on the NIOX price because the market cap is really small. Right now, it's $11,616,359 and there's a lot of room for growth. As the platform releases new products, it's inevitable that
Conclusion
The earndrop campaign was awesome! Not only did I earn a lot of NIOX tokens, I learned a lot about Market Making and for the first time in my crypto career, I used a trading bot. In the 9 days, I managed to earn a few dollars by doing some successful trades with pure luck. For example, I bought EGLD just for the bot to trade. I bought it a little over a week ago when it was still about $40. After one of the trading sessions where the bot traded EGLD/USDT pair, I ended up with 1.2 EGLD and less USDT. After a few days, EGLD's price went up and is now about $200!
As for other trades, I didn't make much but I also didn't lose anything else than a few dollars in trading fees. And I also made at least a couple of thousand NIOX tokens so it's a win-win for boi and I'm really grateful to autonio.foundation for the given opportunity! Now it's up to me to have strong hands and HODL!
Thank you for reading!
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