My 2 cents' worth on SXP (Swipe)
A lot of people got rekt by Swipe with their poor support and Binance with their staking rewards and keeping the price low when it comes to the SXP (Swipe) project.
But, I never believe that this is the end of SXP. Binance has a majority stake in Swipe and Swipe will deliver the Binance VISA card.
When a new coin is listed the coin got hyped and a lot of unknown people are getting in at high prices while the whales already be in there. At that moment the wales are selling and everybody else got rekt. Other examples are Sushi, FileCoin, YFI, etc...
The good projects will stay around and make the reversal. I think Swipe is one of them because they are backed by Binance.
Now, if we look at the chart we can see a double bottom. So I personally think we could see a strong reversal here.
A lot of people got rekt by Swipe with their poor support and Binance with their staking rewards and keeping the price low when it comes to the SXP (Swipe) project.
But, I never believe that this is the end of SXP. Binance has a majority stake in Swipe and Swipe will deliver the Binance VISA card.
When a new coin is listed the coin got hyped and a lot of unknown people are getting in at high prices while the whales already be in there. At that moment the wales are selling and everybody else got rekt. Other examples are Sushi, FileCoin, YFI, etc...
The good projects will stay around and make the reversal. I think Swipe is one of them because they are backed by Binance.
Now, if we look at the chart we can see a double bottom. So I personally think we could see a strong reversal here.
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