XDN DigitalNote CO DAY 3
By in
Anyone looking at the market in the last 3 days would understand the pressure handled by XDN DigitalNote holders. The digital currency started the ICCO at 70 and made a smooth progress towards 320, which fell as low as 220 before starting the CO window to sell XDN in lots, 100,000 each at 600 per xdn. In total, one lot should cost 0.6 BTC. And according to the ICCO price list that is decided by voters on June 8 2017, just 24 hours before the CO has started, XDN should cost extra 100 satoshi every week after to reach a maximum of 800 per xdn.
However, DigitalNote have only made two sales in its third day of the CO window. So that is only 1.2 BTC of 7,500 BTC (based on the total coins available at the first week price). Considering that there are more than 1.25 billion xdn available for sale at this stage, there are at least 12,500 lots available for sale, 100,000 xdn in each lot.
HITBTC DDOS Attack
Traders on HitBTC were unable to withdraw funds and complete trades yesterday. Many have reported that they had no access to their funds, and cannot create/cancel trades due to DDOS attack. Apparently, the exchange site has resolved these issues and it is operating today as usual.
Will XDN DigitalNote ICCO Succeed?
In order for the campaign to succeed, at least 500 lots must be sold a day for the rest of the campaign, which is equal to 50 Million xdn (300 BTC in total based on the first week price).
The digital currency is striving for success, with the market giving more attention to the rise of Bitcoin hitting all time high $3000, and Ethereum ~$350, XDN needs to strengthen its ICCO campaign with more sales in order to re-establish its higher rate again. The price per xdn is below 200 so far and many holders started to worry about the digital currency future.
Are XDN DigitalNote Core Developers preparing a big surprise for its currency holders? That should be revealed in the next few days.