Swarm City - Might be a good time to buy.

in #cryptocurrency7 years ago (edited)

Its unfortunate to hear about the recent hack, hopefully something like this doesn't happen again and the coins affected bounce back.

With that said, it might be a good time to buy in. I went in on swarm at about -39-8%ish earlier tonight banking on recovery (or at least partial) of value soon.

Too many more of these types of compromises and ETH might be in some trouble (or at least hampered in progression/support) - lets hope something like this doesn't happen too often.


I've never payed attention to the token so far, but apparently they've actually released a minimum viable product (i.e. not vapourware) in June so there may be hope!

Read more about it here: https://press.swarm.city/swarm-city-boardwalk-overview-9a362f19411f

On my end - I'm not entirely convinced that creating an app that excepts people to trade in their token is a bit of a stretch...

Of course - my information here is based on a very limited amount of googling, so take it with several large grains of salt.

With that said, something very unfortunate happened to them today so I wouldn't judge them too hard for their FAQ being down...

Hopefully those of us buying in seeking profit in the short term will indirectly help boost the value back to a place where Swarm City can thrive.

Good luck Swarm City!

-y