NXT is going to see a uptrend at least until Dec 28, 2017 since Jelurida announced free airdrop of IGNIS token to all the NXT holders. For every single NXT you hold, you will receive 0.5 IGNIS for free. Snapshot of Dec 28, 2017 will be considered (Exact block number is yet to be announced) to calculate how IGNIS you would receive on Jan 1, 2018.
NXT price is going to surge for the next 7 days and below are the possible scenarios
- Investors will sell their NXT holding on Dec 27 for Profit if the spike is so much that they dont care about free IGNIS tokens.
- Investors will sell NXT holding after that exact block number on Dec 28.
- Believers will hold on to NXT even after Dec 28
It is not like Jelurida will not support NXT going forward. And they did mention that they will continue their support for NXT in the coming year. Bittrex has announced their official support for this air drop so you don't have to download Jelurida wallet. If you do hear about the exact block number which is going to be used for the snapshot on Dec 28, please share the block number in the comment section.
Disclaimer: I'm not a financial adivisor. Please do your own research before investing.
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