Halo Platform: A Coin Who's Fate (Fatally) is Tied to HaloDex

in #eth5 years ago

Halo Platform has long been lauded as a shitcoin with potential. That "potential" has always been tied to the success of their products, such as HaloDex, a decentralized exchange. I am here to set the record straight. There is no potential worth chasing with HaloDex. As DEX's go, it is average at best. A clunky user interface with a coin wrapper system has already chased away a lot of noobs who just want to trade. and not have to learn a whole new system. Add the fact that the only coins traded there are for the most part (you guessed it) shitcoins that are as bad or worse than Halo, plus the fact that you won't find any BTC pairs on the DEX...and well...you know...it's doomed to fail.

The volume on the HaloDex is terrible. I checked this morning and the volume for the past 24hrs is a whopping: 2.50346103 ETH. All of it in Halo coin/ETH trades. Most of it appears to be someone dumping their holdings for less than one satoshi...currently trading at 31 wei. Some serious volume too...over 4 million HALO got dumped...

I am not a financial adviser. Do your own research and invest appropriately. If you are still aboard this sinking garbage scow, abandon ship while you still can....there will not be enough life jackets to go around when this one dips below the surface...

Good Luck

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