This Crypto-Asset Crashed 99% in Less Than 2 Weeks
- Roger Ver gets HEXed? Nah! He just sees a fellow
- The listing has the HEX price taking a nosedive
- Over 40k ETH, worth about $5.7 million has been sent to the HEX contract address
HEX has managed to bag a crypto exchange listing. And it is no other than Bitcoin “Jesus” and Bitcoin Cash (BCH) proponent Roger Ver’s Bitcoin.com.
The exchange took to Twitter to share the news stating,
We are thrilled to announce that we have just listed #HEX by @RichardHeartWin on our exchange, giving anyone who wants to trade it a secure venue to do so. Check it out! https://t.co/BCOEVEyTGX pic.twitter.com/mdKezZo59t
— Bitcoin.com Exchange (@BitcoinComExch) December 15, 2019
Trading for HEX started on the exchange on Dec. 13th.
While people have been calling out Ver for this listing and promoting an alleged scam project, he commented,
“I’m not aware of that. I’ve heard that BCH is a scam too, but no one ever showed me how that is true. If someone can show how HEX is an actual scam, I would gladly delist it.”
Well, there’s that.
In the past 24-hours, HEX market has traded an equivalent of about 0.81 BTC while the price of HEX dropped by 57% and 64% against ETH and BCH respectively on Bitcoin.com.
This, however, isn’t anything new for an ERC20 token which is “designed to increase in value faster than anything else in history.”
HEX lost more than 99% of its value in less than two weeks.
$HEX is down 99.93% in 12 days.
From 3700 sats –> 3 sats.
What in the absolute fuck. https://t.co/TMWgTZGOxW
— Bagsy (@imBagsy) December 14, 2019
HEX’s Twitter post reads,
Did you know that you can lower your entry price on something by buying some lower? For instance if something dropped 90% you could 2x your stack by spending just 10% more than you originally did.
— HEX (@HEXcrypto) December 13, 2019
Time for some $HEX charts.
Price seems to have dropped >90%. But the opening print looks like a misprint, and there is absolutely no liquidity.$HEX was always worth about ZERO.
— Alex Krüger (@krugermacro) December 15, 2019
Apart from Bitcoin.com, Bidesk.com, Etherdelta, and Forkdelta, today it has been also added on Uniswap.
The new project in the cryptocurrency space describes itself as the “first high interest blockchain certificate of deposit.” If you got Bitcoin, you can claim free HEX by staking your BTC or by sending your Ethereum wallet in exchange for HEX. And you won’t be getting these ETH back.
More than 40k ETH, worth about $5.7 million has been already sent to the HEX contract address.