ICN is the most undervalued crypto on the market right now.
This hit exchanges right as BTC was pumping and ETH was dropping, yet more than 95% of supply has been holding strong.
Orderbook is so thin that it won't take much for this to take off and it will be accelerated by people who sold too soon scrambling to buy back in.
yes it is happening right now,because people are grabbing opportunity to convert their coins to bitcoin and hopefully to cash or fiat.But, as I said on their thread,there is also an opportunity here if we know how low they can dump and buy it. A good coin will always bounced back.
Wtf.
The price now is the ico minus the 25 % bonus. That is what the ico buyers are selling for. Once weak hands passed their shares we can go up. But i guess thats take weeks until the last one is leaving the boat. And some will sell with loss.
Its a fair price we have now, dont expect higher valuation.
Yes you right , the price is Under ICO fixed rate, but, you know, what happened to Bitcoin meantime?
The price grew, is 740 USD at the momemt i am writing, for early USD investors is 2x easy (bonus+btc grew). Someone of that guys could think to cash-out ICN and be ready for the next ICO
