How about current price? Current and future liquidity? When exchange? When moon?
Along with exploring the fundamentals of Apex Network potential holders need to consider opportunity cost and accessibility of the token on exchanges to make considered ecisions.
Apex Network held both their presale and crowdsale in January 2018. Token price at ICO was as follows:
Presale: $0.085 (factoring in the 20% presale bonus) per CPX
Crowdsale: $0.13 per CPX
All bonuses have been distributed and make up the current circulating supply of ~465m CPX tokens. The remainder of the total supply include the team tokens which are vested for three years with annual cliffs, bringing the total future circulating supply of CPX to 676m around January 2021 (including the ecosystem growth fund and the 10% company reserve).
The CPX token is, as of February 28th, traded for ~$0.007 on exchanges, meaning that new individuals entering and current holders accumulating are aquiring CPX at a significantly lower price compared to private sale prices. For individuals who do their due diligence and like what they find, the current entry price could seems quite attractive.
Exchanges have been a frequent topic of discussion. Apex Network has been on the same trajectory all along, they’re not looking for major initial hype that will surely fade as time passes and people realize there is an actual roadmap to be followed. CEO Jimmy Hu has mentioned that he likes the path of VEN and NANO, and it might be benificial to study the charts of those tokens.
CPX is currently traded on primarily three exchanges; Switcheo(Neo/Eth/Eos DEX), Hotbit and Lbank. These exchanges provide fairly low liquidity and limited accessibility for the token.
A new exchange listing is being looked into by the team. CEO Jimmy Hu has stated that there should be a new trading platofrm available before the October token swap from Nep5 to mainnet CPX. With a larger exchange would come the potential for increased liquidity.