2021-09-08 00:42:38
Migration has finished. Wallets with 1 Nafty or less will not get tokens distributed via airdrop due to technical limitations and our intent to finish the migration ASAP.
We have already allocated the tokens to BitMart and HotBit more than 24 hours ago.
*** We have received confirmation from HotBit that they are ready to go. BitMart has asked for more time to calculate things on their end.
**** We should not start trading until all the holders have received their tokens, but if we will see more delay from BitMart, we will start trading tomorrow.
FAQ:
1. What’s happening with the price? Why is it lower?
The price is going down because in DeFi, we trade against liquidity pools.
Nafty is paired with BNB.
When BNB goes down, the LP price also goes down and that's reflected in the market cap as well.
For instance, BNB was $500 yesterday, compared to ~$410 now.
The BNB in the LP is now worth less.
When the BNB will go up immediatley, the token price will go up as well.
To learn a little more about LP and how it functions, please look here.
https://academy.binance.com/en/articles/what-are-liquidity-pools-in-defi
2. Why we see small "sales" once every few hours?
Those are not real sales, it's the mechanism of the liquidity which automatically sells/swaps Nafty to get BNB to balance the liquidity pool.
LETS GO NAFTY Naftytoken.com
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