Can someone explain me the utility of XIO?

This XIO trading on switcheo exchange is it good or just a pump and dump scam? like is there any future or is this just a ponzi shitcoin to pump? because right now it is pumpin as hell. Is it from Mumbai Sirs?

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It made me money

Nothing has utility in crypto.
Everything is all a pump and dump scam.

its obviously a pump and dump, but you can still make money from these shitcoins

youtube.com/watch?v=wAdmrmrYUiE&feature=youtu.be

From what I undertand its a way to raise capital for startups that isnt the traditional ICO model (prone to scams). I only bought this morning but the idea sounds good for a long play. Their private beta went live recently

I had it but didn't like the feel of it after watching a lot of videos from the founder guy. He just seemed weird.

Why is it pumping so much? I'm a brainlet but I'm literally up TEN FUCKING THOUSAND US DOLLARS in one day.

PLATINUM HANDS. If it dumps I still profit, if it continues I get a new car.

I have finally won. Thank you Zig Forums

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I sold this morning and I'll be the first to admit I made a mistake. However, I can't say I learned anything from this because I'm missing the reason why it's continuing up so hard. No idea where all the buying is coming from.

Whales are buying it up in huge amounts. They must have a good reason.

I was knocked down like 10 spots from a very high top holder position today.

Same, Im in the top 100 holders. However, Im slowly getting kicked lower. Something big is coming

Can't say I'm not a little worried.

How low can this go at this point? 30 cents stable?

well that could be exchanges buying up stacks for liquidity.

I'm pretty sure it's just the universe mocking me for deciding against holding after deliberating the whole night last night.

So this coin came out yesterday right? That means it should continue pumping. Not selling yet

saw it at .07 and now im buying... how much of a retard am I?

Strangely not that retarded at this rate. Tho I would cut losses if it drops 20% shortly.

the only difference is in other projects, shillers do p&d , here team does. they already did with bomb, xio will be soon as now they hold even much higher tokens and already gotten away with previous scam, so morale is high

second post best post

No, that was part of the reason I sold. On coingecko the chart went back quite some time.

same here bro :(, I even saw it at .12 some hours ago and I thought it was gonna dump any time soon

you'll get the next one

It prints money

corona chan is a cloud with a golden lining

Not buying your 15x bags Pajeet

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AAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHH

Bros wtf happened

I lost everything

lmao from over 30 to barely above 17 cents
LMAO

Ok we're moving back
Panic still ongoing though

Stinks of whale shit in here. Buy the dip user?

>dump
>wait for people to calm down
>dump again