Negative AXEL opinions
Summary:
So far,1 of opinions have been recorded for AXEL. These opinions are not investment recommendations but the community's perspective on AXEL. Please do not make a purchase decision based on these AXEL opinions.
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AXEL opinion #1
At AXEL we have a Peer-2-Peer network with an ERC-20 based block chain. The goal of the project is to create a decentralised marketplace for content creators to manage their own digital media. The project was launched by ICO (Initial Coin Offering) in 2018 with a maximum capitalisation of 10 billion AXEL tokens.
At the moment there is a trading volume of only $300,000 per day, which is nothing in the crypto space. This is then also reflected in the positioning in the CoinMarketCap with the position 2300.
Tokens in the ranks and with this low volume are actually considered dead projects.
Therefore I would advise against financial investments in this token. There are also only three insignificant or small trading platforms which offer this token as trade/pair to BTC.
It turns out that many of the promising sounding projects and tokens flushed into the crypto space via ICO do not always have a chance of survival in the long run.