How low can the price go? This must be the bottom, right?
This is a screenshot from the most popular Scorum Coins trading exchange hotbit
The 24 hour low was $0.07 who would be selling for such low prices? There is no value in selling right now and there is no reason to want to sell, Scorum is about to be releasing new features like a sports betting exchange before the year is complete.
In times like these I wish I had an extra $10,000 to invest.
As you can see, people are starting to buy SCR, all is green no one else is selling at $0.10 so it might not take long for the price to rise back up to $0.20 the time to buy is now.
For $1000 you are able to buy 10,000 SCR which is pretty amazing. Although, you won't be buying at the current token price unless someone dumps more tokens.
The lowest sell offer is for 0.0006 Ether or $0.125 the price can be pumped back up to around $0.20 if someone buys 1000 tokens from the sell wall.
This is the list of sell orders:
Once the sports betting exchange is released and Scorum Coins will quickly rise in value as people begin to trust Scorum more and more. It won't take long to develop trust.
A major factor for Scorum Coins is the trading exchanges they are listed on. The token needs to reach onto larger exchanges. Investors are sometimes reluctant to join smaller exchanges.
What we see today does not signify what we will see in near future. Scorum appears to have a bright future, don't allow short term prices to change your opinion. The platform looks great and major features are about to be added. Keep that in mind and hodl those tokens, you do not want to regret selling SCR for pennies on the dollar.
The easiest way to purchase SCR is on hotbit since that is where the trade volume is currently. If you have some extra money and would like to invest into Scorum, now is the time. It's not likely that the price falls much lower than $0.10 and this price won't last long. I plan to buy SCR soon.
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