Bibox Token BIX

$0.1279
Market Cap $ 14.184 MM (#178)
24h Volume $ 715.751 K
Chg. 24h: -1.93%
Algo. score 3.2/5  (#429)
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Bibox Token News

Bibox Completes The Fourth Quarter (2018.10-2018.12) Repurch...

Bibox Completes The Fourth Quarter (2018.10–2018.12) Repurchased $BIX Burning The amount of BIX burnt this time:1,5… https://t.co/zugNGkEMar

6 days ago

Bibox token will be amongst the break-through cryptocurrencies of the future

The winter of 2018 is exceptionally cold with the total market cap of global digital assets falling to 112.1 billion dollars. Compared to the 760 billion dollars market cap in early 2018, 85% of its value has been wiped out, along with massive fluctuations in tokens’ price. Among all, Bitcoin [BTC]’s price bottomed out at 3300 USD after plummeting from 6400 USD, and showed sign of rebounding from 3300 USD. What can investors learn from this volatile market, and hopefully make every penny they lost worth it? My suggestion would be: get ready to make wave in the market rebounding. The first rebound after a series of falling always means opportunities. If a person chose a good stock, he/she may offset the loss in a short period of time, or he may even make unexpected profits and vice verse. Therefore, in current market, choosing a good investment target is critical. First of all, let’s dissolve the term “value depression”: During the digital assets’ bull market, whichever token issuer’s story-telling skill surpassed the others, the related token price went hype. The irrational hype sounds not strange. Experienced stock investors remember the “price-to-whatever-ratio” leading to the stock market crash in 2015. To be an out-performer in investing, “understanding the market” is no longer an advantage. Public chain who used to “make dreams” are experiencing the “low valuation”. Whereupon, thorough understanding of market and real use cases become extraordinary important. Which token will be understood by all and has wide use case? My answer is tokens issued by crypto exchanges. People know, understand and accept the tokens, especially those with a history of project operation, top ranked trading volume, multinational management, legal licenses, a wide range of business lines and a myriad of application scenarios. Some investors think some exchange tokens’ price are relatively high? Indeed! Market capitalization of these tokens are higher on the whole as they are being adopted, applied and recognized. Investors should notice that, only those relatively undervalued exchange tokens worth an investment, not those absolutely cheap ones. How to dissolve the term “relatively undervalued”? The most fundamental indicator of crypto exchanges is trading volume. Let’s have a look at the top 3 in term of trading volume on CoinMarketCap. It’s not surprising to see that the top 3 exchanges are “old faces” who launched their own tokens. Let’s check their total market capitalization on “FeiXiaoHao”, a source for tracking market capitalization of crypto exchanges: No. 1: 567 million dollars of trading volume in 24 hours, with total market capitalization of 630 million dollars of its tokens, ranking 15. No. 2: 535 million dollars of trading volume in 24 hours, with total market capitalization of 210 million dollars of its tokens, ranking 25. No. 3: 450 million dollars of trading volume in 24 hours, with total market capitalization of 330 million dollars of its tokens, ranking 19. We may get a ratio as below if we divide 24-hour trading volume by its tokens’ market capitalization: Then we search for exchanges along with the ranking on CoinMarketCap and calculate their ratios with the same formula above. If the ratio of any exchanges is higher than the above top 3 ones, it is safe to say the price is being “relatively undervalued”. By doing so, we can quickly find out the token that is seriously being undervalued. BIX, a platform token issued by Bibox, an AI enhanced encrypted digital asset exchange, with operation centers in the US, Canada, Estonia, China, Singapore, South Korea, Japan, Vietnam, etc. Per its official statement, the registered users of Bibox have reached more than 2 million. We can also see that, in accordance with CoinMarketCap, the 24-hour trading volume of Bibox amounts to 210 million dollars, but only has a 20 million dollars market capitalization of BIX, merely taking up a fraction of integers of the above exchanges. It would be more obvious if we do the ratio calculation, and compare it with the above ones. The trading volume/market capitalization ratio of tokens of the top 3 well-known exchanges is around 1 to 2.5, while that of BIX reaches up to 10.5, which explains why the market capitalization of BIX is remarkably low. That’s precisely what we called “value depression” . Second, circulation is the key: Stock market veterans might say, even with low PE ratio, it would be hard to see the price of iron and bank shares to go up when market rebounds. People familiar with stock market know that those stocks rebounding fast are the ones with small market capitalization, which has two meanings, first, the number of circulation stocks is small, it’s easy to move; second, the number of stocks being locked is small, or stocks at high price are not sold out. Both of them resulted in the less sell-off as the price goes up, so the stock price is quite easily to elevate. In stock market, equity pledge means reduced s

7 days ago

@AnonD0ge BIX1901 is a low-risk investment bcz there is no n...

@AnonD0ge BIX1901 is a low-risk investment bcz there is no need to worry about the price's fluctuation of BIX and y… https://t.co/b9Pq7i5rag

13 days ago

Friday is a special day for $BIX hodlers bcz we send BIX inc...

Friday is a special day for $BIX hodlers bcz we send BIX incentive reward every Friday for the past year. And we've… https://t.co/HAhEXgMIGl

19 days ago

😶You just know it⁉️ Users who hold Bix on Bibox can gain inc...

😶You just know it⁉️ Users who hold Bix on Bibox can gain incentive rewards only need to trade once a week. Don't m… https://t.co/w88AmyJObZ

a month ago

$BIX GIVEAWAY🥳 We'll pick 10 guys and each will WIN 2⃣0⃣ BIX...

$BIX GIVEAWAY🥳 We'll pick 10 guys and each will WIN 2⃣0⃣ BIX But first, do you know how to use BIX? To win, you ne… https://t.co/JQkHvE0Zt2

a month ago

#MyMentalStateIn5Words BUY LOW AND SELL HIGH? You wish! 🙄 ...

#MyMentalStateIn5Words BUY LOW AND SELL HIGH? You wish! 🙄 But u can hold bix token We have incentives for all BIX… https://t.co/EwasQR88g1

a month ago

📐📐📐【Announcement】#Bibox Third Quarter Burnt BIX Display Bibo...

📐📐📐【Announcement】#Bibox Third Quarter Burnt BIX Display Bibox team will buy back and burn near 2 million $BIX. In a… https://t.co/31asnJkzGK

3 months ago

New Kids On The Blockchain

With over 11k subscribers on YouTube, the New Kids On The Blockchain are an award-winning team of documentary makers with a thirst for cryptocurrency and blockchain. Starting the channel in 2017 in order to produce a feature-length documentary on the rise (and possible fall) of the ICO. The Kids have travelled the world extensively working with key players and opinion leaders in the space. They have also been following a number of important projects, such as The Pillar Project, throughout the whole stage of their creation, ICO and development, to get the ‘inside story’ on this fascinating world. Some of the people filmed include Roger Ver, Clif High, Ryan Taylor (CEO DASH), Jeff Berwick (The Dollar Vigilante), JSNIP4, Bix Weir, Crypt0, Reggie Middleton and many more and worked with projects such as: Dash, Elastos, EOS, Debitum, Pillar, Veritaseum, PIVX, Cloak, Funfair, Polymath, Oracle, IBM, Ledger, Abra and ICO Alert, to name but a few. The New Kids do quick rundown videos several times a week on the most significant news that comes out of the industry. The rundown videos are around 1-3 minutes long so it’s a good way to keep up to date with what’s going on without eating up to much of your time. Key media partners for a number of blockchain events worldwide they started their channel about 18 months ago to bring quality, informative and intelligent content around blockchain and cryptocurrency as opposed to the usual Moon-Lambo nonsense and host a daily show, weekly show and a wealth of other informative content. As the only ‘Crypto Couple’ in blockchain communication, they also offer a unique viewpoint and well-rounded opinion from different perspectives of the industry. ash@newkidsontheblockchain.com lisa@newkidsontheblockchain.com YouTube.com/c/newkidsontheblockchain www.newkidsontheblockchain.com So head over to YouTube now and subscribe to the New Kids On The Blockchain to keep up to date with everything to do with the crypto space! googletag.cmd.push(function() { googletag.display('div-gpt-ad-1538128067916-0'); }); The post New Kids On The Blockchain appeared first on Crypto Daily™.

3 months ago

Bibox (BIX) Review: AI Powered Decentralized Exchange and Token

What is Bibox? Bibox is a well-known crypto exchange platform based in China and established a year ago. The native token of the exchange is also called Bibox and has the ticker symbol BIX. The BIX token features some unique incentives for its holders that may be attracting to crypto investors. Bibox Token has similar The post Bibox (BIX) Review: AI Powered Decentralized Exchange and Token appeared first on Coindoo - Crypto News and Reviews....

4 months ago

Bibox Lists No. 26 Crypto Ontology, Announces Deposits Rewards Across BIX, ONG and ONT

Bibox, which is the No. 12 cryptocurrency exchange based on trading volume, announced plans to list Ontology (ONT), the No. 26 cryptocurrency based on market cap. Trading in ONT launches on Sept. 7. The development didn’t help ONT’s price, which is down more than 18% in the market sell-off. Bibox also announced deposit rewards in which it’s distributing “hundreds of thousands of BIX, ONG and ONT." BIX is the exchange’s native token. (GT)

4 months ago


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