Some of the SmartBCH token that dip too hard this week
As we know that smartbch is gaining the much needed traction and popularity which we are all expecting soon it goes mainstream and popular among top DeFi chains in the crypto space, it is normal some tokens rises and falls due to the attitude of buyers and sellers, maybe from FOMO or FUD, well drastic fall is common in Smart Contract platforms, and SmartBCH is not excluded.
Without further Ado, lets go into mentioning those popular tokens and much detailed of what happened in the market;
SmartIndex (SIDX) token
Space Token
Celery Token
CryptoSorted Token
Law Entropy
Metador
Pump Parrot Token
CashKitten Token
SmartIndex Token: This is classified as the first deflationary and governance token on SmartBCH network and they offer the interest accrued by a particular linked portfolio are used for buy back and burn. Actually this is one of the best project on smartBCH which rose from $0.2 to $2.8 but currently trading at $1.3, this week the token fell from $1.9 to $1.3, that was a drastic fall, though i bought at $1.6, even though I'm still at loss now, i believe it would rise up again.
Space Token: This is also called Space Finance and it is a unique NFT market place and collection powered by the token $space, meanwhile space is a reflective deflationary token that is said to auto compound in wallet of those who bought of course while they sleep, meaning making money even while you sleep. This is one of not so newest project on smartbch but it looks promising, when it was launched it rose to $0.88 from $0.007, so this past week, it dipped from $0.3 to $0.11 which is the current price of the token, thats a massive dip i guess, hopefully things would pick up again this coming week or later.
Celery token: This is one of my best project on SmartBCH i must say, upon launch, it gave me over 800% profit, i was pained that i didn't invest much at first, but I'm all good now. Like the project proclaim. Celery is the first Blockchain annuity that will replace our savings account, meanwhile we can earn 100% APY when we stake our tokens. This interesting token fell from $0.001 this week to $0.00061 which is the current price now, that was a drastic fall that shook the token space, it was reported maybe a whale withdrew from the token to invest in CAT token.
CryptoSorted Token: This is also one of the trusted token on SmartBCH from a die hard fan of Bitcoincash, on the other hand the token is centered on helping you to be informed and make independent crypto investing decisions mainly centered on writing platform and you get rewarded for your content. The token fell from $1.65 to $1.27 but currently trading at $1.45, that was a massive one there but its gradually gaining strength back, and hooping i get back my invested capital and perhaps little profit to back it up.
Law Entropy: This is a baby sister token to Law token, which means its an NFT related token but one of the most successful token on SmartBCH. The token dipped from $5.31 to $2.58 during this week, thats almost 50%, but i always believe in this token to always revive again, actually its now trading at $3.80 just today, well it might fall again or keep rising depending on the Law token performance.
Metador token: This is also one of the not so newest token on SmartBCH., This is also a Metaverse project built on SmartBCH. It was a worst past week also for this token, the token fell from $0.006 to $0.0034 which is the current price as at the time of writing this article, we hope this also gain some positive change in the coming week and probably beyond.
Pump Parrot Token: This is one of the newest listed token on marketcap.cash, and its said to be an open NFT gaming project on SmartBCH, at first its been doing well, but it fell so hard this week, that it fell from $0.23 to $0.0073 which is the current trading price, are you also shock? i am shock too, because that is also 95% dip, i hope it comes up again, well i have bought the dip hoping to get much more profit when it finally revive again.
CashKitten Token: Cash Kitten token is one of the very first meme token on SmartBCH, it came after CAT token. it furthermore went to creating NFT art to back up the project and perhaps help the price and best stable the project. During this week the token dip from $0.0000067 to $0.0000036, thats almost half of the price, but over all the project still has the best love of the project investor, and they still believe it can still grow just like CAT token is doing.
Note that this is not at all a financial advice and all of these are just based on my speculations, you can always do your research when needed before buying any coin on smartbch.
Thanks for your time in reading....
Celery is really on dip right now. As i checked the market cap.cash earlier, there are many tokens that are on dip and hope that it will again rise up soon. For now, i just stake my celery on the Tropical Finance while the Pump parrot that i have will be hold