With the way the Dev is talking pumpish on twitter it looks scammish to be talking about profit when there is no work on ground! I hope this would not end badly for investors
Their last tweet was on 10/17. Nowhere did they talk about profit. From what anyone with eyes can see, what you're suggesting just isn't true. How do those tweets reflect the price when we haven't even seen a pump yet? Read through the most recent replies to the ANN thread and you can see that sentiment is mostly positive. Stop trying to scare people.
As far as work goes, we're all waiting on an update from the developers. We're still a few weeks out from when the exchange is expected to launch. To say that "there is no work" is a baseless claim and a pretty bad attempt at FUD.
Yeah but one could also argue that the lack of communication from a quiet anonymous dev team to the community and lack of apparent progress is grounds for a valid claim. I mean come on if they were building an exchange one would think they would be pushing out updates right and left to get people interest in their coin I mean this is the first coin that has tried this so they are clearly not the first to market with this product so all the more reason to advertise the hell outta it. So quiet dev team, no proof of any kind of product just a website which looks like something you make on Wix in an hour and some twitter videos with a bunch of emojis that doesn't really spell out "serious development". The coin may still rise but I remain skeptical until I see the progress for myself if there is any progress lol.
My stance is this:
-EXN is literally pennies
-Supply is 5.1M
-Low cap
-BLATANT scams like UET pumped from $3-$50
-eBTC, ETHD, ETG all had huge pumps (similar supply to EXN)
-Potential exchange launch on the horizon
The exchange launching is more of a "cherry-on-top" for me. I could see this thing pumping with or without it, it just needs more positive attention. Getting listed on more exchanges wouldn't hurt. I don't love the layout of their website either, and there's obviously some things I would change personally based on my own tastes, but I'm not the designer. I don't love the communication and marketing strategy thus far, but I'm not in charge of marketing. Let the team do their thing. If you're invested at these levels, you're at the ground floor. If the team surprises everyone and busts out a solid project, you can bet we'll go to $1 and beyond. It's worth the gamble.
I did get some screenshots from Muhammed earlier detailing more of the website but I didn't get permission to post them. I reached out to him on Facebook. Apparently he's just one of the developers and not the founder of EXN, so I think there was a misunderstanding with the community there. They have a private Slack channel that I'm hoping will eventually be made public.
