NXT is on fire right now! It is up to $0.211759 (41.54%) in the last 24 hours. Here are some of the numbers according to https://coinmarketcap.com/currencies/nxt/
Market Cap
$211,547,229 (22,081 BTC)
Volume (24h)
$57,923,700 (6,046 BTC)
Circulating Supply
998,999,942 NXT
Max Supply
1,000,000,000 NXT
Why the sudden movement? I believe it is due to people becomming aware of the Airdrop that will occur December 25th. All holders of NXT will receive .5 IGNIS after the Airdrop. IGNIS recently had an ICO, but they reserved a portion for this Airdrop to reward to NXT holders. This should lead to a bullish upswing in my amatuer opinion leading up to the Airdrop. I am currently holding a portion for the Airdrop, and I am also swing trading to profit on the way up. Although after this move, it might make sense to just hold because you never know when that big pump will come next.
What are your guys thoughts? I am hearing some people like to hold up until the fork and sell right before to lock in profits. Other people want the hold for the new coin and sell the old coin...this will cause the price of the old coin to drop right after the Airdrop. And others want to HODL both coins. Please comment with your ideas. Thanks for stopping by.
Pete
