SEP20 Tokens in Red - A Good Time To Buy? - New SEP20 token by OLICRYPTO

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Avatar for annayks
2 years ago

Another day in red, the market seems to have this correction after BTC hit $50k a week ago, and Bitcoin Cash together with most of the top cryptos have dropped in price, although possibly at an acceptable rate.

I know it is tought to see BCH moving down to $600, this is the volatility of the market, it doesn't have to scare anybody.

Another week started and with this writing, I will cover the SmartBCH scene news. Tokens with the SEP20 standard are listed at BenSwap and we can always observe their price action at MarketCap.Cash. Lots of new developments each day in the amazing world of SmartBCH!

Today prices are on a discount and maybe at a good entry point for many SmartBCH tokens we always wanted to buy.

MarketCap.Cash new listing!

Candyman Token is the most recent project listed at MarketCap.Cash and boy, what a pump is that, just after its listing!

Candyman is up by 690% just after listing and currently sitting at a marketcap of $134,414. Maybe the price was listed at very low and this resulted in such a dramatic rise, I have to admit I don't know a lot about this token though. If there is something great I am missing, I will be happy to read your info on my comments section.

Candyman Token was an SLP Token and has now swapped to SEP20. For any more details (like how to Swap old tokens for those that have any ask at the teams telegram).

Read.Cash member @carisdaneym2 is also a member of the Candyman Token's team and gives a lot of useful information about the projects and its concept. (more info here!)

A New Olicrypto Token to appear on SmartBCH!

One of the most recent news is the new token in development from the Olicrypto team.

OLI is a SLP token paying dividents to stakers according to the results of tennis player Oleksandra Olinykova. She is also the read.cash user: @OLICRYPTO .

But the token on SmartBCH will not be the same OLI, since a migration to SmartBCH from SLP is not possible for the time being as explained in this Reddit article

What we know so far is that there will be news in the next 10 days, when the SEP20 token will be ready:

Twitter

Bitcoin Cash Argentina (ARG) and Knuth (KTH) Results

Payments have been given to those won the contests for both projects! I didn't participate in the ARG contest, having missed the timer... and my KTH meme didn't attract a lot of attention, the rule was the top ones to receive a payment. Anyway, I will always fully support all community projects and the relative tokens, and hope to be more lucky in the next giveaways and contests!

Market in Red

At the time of writing $CATS was down by 12%, KTH down by 8% and ARG down too, by 20%, following the negative sentiment in the whole cryptocurrency market in the last few days.

Tough day for everyone, and hopes are that prices will recover. Sometimes we get very good deals and those that risk with a solid strategy will get the best rewards.

Hoping for better prices and a beginning of a bull run for SEP20 tokens in the next days/weeks!

In summary

It is some exciting days we are living aren't they? We are in something big very early and the world still hasn't noticed! SmartBCH can be as big as the Binance Smart Chain. You know, BSC, was shilled very hard by CZ, so it wasn't going to fail. We will need a few of the crypto community leaders to talk about SmartBCH.

I am not sure about the strategy on this one, I only know that SmartBCH is a community driven program, but also that Jihan Wu has some ties and given full support. Jihan is a low profile individual, but millions will listen what he has to say. In any way this is up to others to decide if this is the correct course of action, for a bigger marketing campaign of SmartBCH. Maybe, when the developments and time is right.

Hi! This was my brand new post with news from the Cryptocurrency Globe!

I am also on Twitter: https://mobile.twitter.com/annayksb

and noise.cash: https://noise.cash/u/annayks

I would be happy to connect!

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2 years ago

Comments

Now BCH Going To The Mars. πŸ€ πŸ‡ΊπŸ‡²

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2 years ago

Very nice post... Hope you are success in your life..

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2 years ago

Same to you, although, I feel that the appreciation is the like and subscribe you guys give. Please make your comments interesting and more useful. Thank you for following me!

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2 years ago

Thanks for sharing, very nice information. Loved it. Cheers!

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2 years ago

You are welcome, trying to bring the fresh news of the SmartBCH industry.

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2 years ago

Just 3 words: BCH to moon!

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2 years ago

Need to say no more!!!

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2 years ago