XCM will literally - and I mean fucking LITERALLY - never be below 0.03 eurocents ever again:
>Secondly, we will be moving the XCM floor price to €0.03 to reflect the significant growth in the company. All clients with buy limit orders under €0.03 have been contacted and provided with 48 hours notice to remove/amend their buy orders to the new floor price or higher.
I thought this was just a fucking Zig Forums meme, I didn't know crypto tokens could actually do this shit
....what the FUCK
only chad coins do that
fuck kikebase. xcm is my best friend now.
Lmao imagine not having a shit ton of XCM yet
Does this mean they can eventually put in a floor of 1 euro?
Imagine buying this shit at €0.02 and years later you have a guaranteed locked-in 50x MINIMUM. Even bitcoin doesn't do that
>price floor
so what stops them from creating a price ceiling as well? or randomly moving the price floor higher/lower? this looks illegal
That's nice, people will just dump on uniswap or other decentralized exchanges though.
you can ask the CEO on their TG, i've just listened to why they've done it. you can ask them about the legal aspect of this, he'll probably answer in a minute or two
>this looks illegal
If this was just about any other crypto I'd agree, but the CEO has been doing everything by the book in terms of the law and regulations from day one. Sometimes even to the annoyance of XCM holders
I highly doubt he's do this move without being 100% sure that he legally could
Hahaha we will literally never go below 3 eurocents again this exchange is a living meme