https://www.coingecko.com/en/coins/radix
Since the token unlocking, no ranking sites have listed Radix's market cap correctly. They've left Radix hovering around #250 ranking, well outside the view of people casually looking at CG/CMC. At some point yesterday, CoinGecko updated Radix's market cap, moving the coin into the #50 to #55 range. This puts a lot of eyes on Radix, and will hopefully force CoinMarketCap to respond in suit, bringing even more eyes to the project.
Seems like we gain a bit of momentum every day right now. Dapps are being built, bigger and bigger names are mentioning the project. It feels like things are starting to come together. With Scrypto coming out in just over 2 weeks and all these new eyes on the project, I can see a lot of money flowing inbound over the upcoming weeks.
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I hope so, I will definitely invest on this project.
i did notice this like 2 days ago, i was so happy until later on the same day i checked cmc and it wasn't on the top 100 list... i thought its a glitch on cg
Nov 27, 2021 02:56 PM
(This post was last modified: Nov 27, 2021 02:58 PM by Omniscient.)
This is interesting news but also troubling because imho Radix may not be ready to be #52 on the list. Because of their place in development it should probably be #200. You can't even trade XRD as a US Citizen anywhere. Exchange listings are basically Kucoin (eXRD) and Bitfinex (XRD). One fugging XRD exchange!
So how can it retain that #52 position. People are gonna look and say "overvalued crap" imho.
Overall it's basically good that the market cap is correctly shown. It needed to happen eventually. I just doubt we'll be rewarded as investors and that Radix is poised at this time to rise. A $1 radix would place it around #20. Anyone really think that's plausible?
At the price of .38 right now. I'd sell every single one of my XRD if I could and wait till it drops to .20 again before buying.
Quote:With Scrypto coming out in just over 2 weeks and all these new eyes on the project, I can see a lot of money flowing inbound over the upcoming weeks.
I say they have about 60-90 days to use this position and pricing to push hard and fast if they want hit $1+.
Realize a $2 XRD would place them above crypto.com for value. I think that's impossible.
Solana, Polkadot, and Chainlink are all in top 20 which I consider to be competing smart contract blockchains. Radix needs a killer app like Uniswap to push into top 10. It can do it, I believe it can. But I just don't know if that's within a year or 3 years out.
I do want to say that with the push to that market cap position if we are lucky within the next 2-3 weeks XRD does get exchange listings. Then with staking rewards and promises it pumps to $1+. That's honestly the best case scenario. It can happen even though I am doubting it will.
(Nov 27, 2021 02:56 PM)Omniscient Wrote: At the price of .38 right now. I'd sell every single one of my XRD if I could and wait till it drops to .20 again before buying.
Do you really think it could drop almost 50% without any bearish news? With the potential for more exchange listings and Alexandria release in just under 3 weeks I'm not sure I'd want to risk selling now and hoping for a .20 buy back.
(Nov 27, 2021 02:56 PM)Omniscient Wrote: This is interesting news but also troubling because imho Radix may not be ready to be #52 on the list. Because of their place in development it should probably be #200. You can't even trade XRD as a US Citizen anywhere. Exchange listings are basically Kucoin (eXRD) and Bitfinex (XRD). One fugging XRD exchange!
So how can it retain that #52 position. People are gonna look and say "overvalued crap" imho.
Overall it's basically good that the market cap is correctly shown. It needed to happen eventually. I just doubt we'll be rewarded as investors and that Radix is poised at this time to rise. A $1 radix would place it around #20. Anyone really think that's plausible?
At the price of .38 right now. I'd sell every single one of my XRD if I could and wait till it drops to .20 again before buying.
I say they have about 60-90 days to use this position and pricing to push hard and fast if they want hit $1+.
Realize a $2 XRD would place them above crypto.com for value. I think that's impossible.
Solana, Polkadot, and Chainlink are all in top 20 which I consider to be competing smart contract blockchains. Radix needs a killer app like Uniswap to push into top 10. It can do it, I believe it can. But I just don't know if that's within a year or 3 years out.
I do want to say that with the push to that market cap position if we are lucky within the next 2-3 weeks XRD does get exchange listings. Then with staking rewards and promises it pumps to $1+. That's honestly the best case scenario. It can happen even though I am doubting it will. I think there will be surprises like after full unlock episode. 🐱👤
(Nov 27, 2021 03:35 PM)Tesseract.mk Wrote: Do you really think it could drop almost 50% without any bearish news? With the potential for more exchange listings and Alexandria release in just under 3 weeks I'm not sure I'd want to risk selling now and hoping for a .20 buy back.
I still don't understand how we pumped to .60 from .11 in about a week. Apparently a big Whale came along. But since then, it's been in decline.
I just don't rely on anything when it comes to Radix and timing. I had a long-term vision of what they were doing but that's been bombed into oblivion. For all I know Radix will hit $3 in 3 months and be in top 10. I am not an insider so I don't have any special information of their plans like others might.
I have a huge bag of XRD. I'll be so excited if it even hits $1.
(Nov 27, 2021 04:01 PM)Omniscient Wrote: I still don't understand how we pumped to .60 from .11 in about a week. Apparently a big Whale came along. But since then, it's been in decline.
I just don't rely on anything when it comes to Radix and timing. I had a long-term vision of what they were doing but that's been bombed into oblivion. For all I know Radix will hit $3 in 3 months and be in top 10. I am not an insider so I don't have any special information of their plans like others might.
I have a huge bag of XRD. I'll be so excited if it even hits $1.
I didn't anticipate any real movement for atleast another year, that pump was insane. I think a lot of it could have been due to hype, Piers is doing a pretty good job of marketing the tech to developers instead of shilling it like we've seen with all these shitcoins which keep mooning, I was honestly expecting the bear market to hit months ago after Doge skyrocketed.
Pretty sure there's some devs creating a uniswap clone, apparently they completed it in under 200 lines of code including comments, as opposed to the thousands of lines of code used for uniswap.
I'd rather hold and see profits dip for a while than potentially miss out when we do finally get more exchange listings, Alexandria release, etc. I can see a lot of people getting left behind, and I'm sick of being one of those people lol
Any idea how long to be listed on a bigger exchange like binance or coinbase ?
(Dec 1, 2021 12:37 PM)xf0xalz Wrote: Any idea how long to be listed on a bigger exchange like binance or coinbase ?
No one outside the team has any clue. Could be a week or a year. This is the same answer for any crypto being listed on those exchanges. It's insider only information.
(Dec 1, 2021 01:15 PM)Omniscient Wrote: No one outside the team has any clue. Could be a week or a year. This is the same answer for any crypto being listed on those exchanges. It's insider only information.
I heard on telegram that Radix team already sent the new API update for some exchangers.
Also the correct listening on CoinGecko could catch the atention of big companies.
On the other hand I dont know if the current trading volume is enough.
Dec 1, 2021 01:24 PM
(This post was last modified: Dec 1, 2021 01:25 PM by SUI-3183372.)
(Dec 1, 2021 12:37 PM)xf0xalz Wrote: Any idea how long to be listed on a bigger exchange like binance or coinbase ?
To add to what Omni said regarding it being insider information. Depending on who the Radix Foundation is working with, the Radix team is very likely bound by a non-disclosure agreement. Even if they wanted to, legally, they couldn't allude to in any way where they may be listed. That being said, not every platform requires devs to sign an NDA (although I have no idea what percentage do vs don't), so knowing that they're behind one (they've stated this themselves if I'm not mistaken) may give a [very broad] hint as to where they may wind up. Binance requires NDAs, Kucoin requires NDAs, etc.
(Dec 1, 2021 01:22 PM)xf0xalz Wrote: On the other hand I dont know if the current trading volume is enough.
Always scary low, but we don't necessarily see all of it right now either.
Apparently the coinmarketcap team won't verify radix (XRD) until it gets listed on at least 3 different exchanges, at the moment you can only get XRD on bitfinex which is terrible (they will ban you if you are from the U.S). Once this API refactor is complete allowing XRD to be purchased on Kucoin, etc. I think we might even see $1 XRD.
Someone just bought 800.000$ worth of radix and approved the tokens for selling aswell. Might be a listening soon than we expect.
https://etherscan.io/address/0x0beee5892...a0a2e2b8a5
(Dec 2, 2021 04:32 PM)xf0xalz Wrote: Someone just bought 800.000$ worth of radix and approved the tokens for selling aswell. Might be a listening soon than we expect.
https://etherscan.io/address/0x0beee5892...a0a2e2b8a5
What do you mean approved the tokens for selling?
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