A look at ExchangeN

I was recently lucky enough to stumble upon a token with a lot of potential, but has been hovering under the average person’s radar. The token is ExchangeN (EXN), an exchange token similar to BNB and COSS. The developers behind the project are Eric Allen and Muhammed Nagy, as well as several unnamed individuals including the person who contracted him to develop the exchange. Their company is ExKnox (https://exknox.com/), and together they have worked on several successful exchange projects like Yunbi in China and ACX in Australia. Yunbi has since been shut down to regulations, but anyone who remembers it knows how big it was. Muhammed is the cofounder of PEATIO (http://www.peatio.com/) which is the exchange platform used in all of his work.

Yunbi

ExchangeN

They hosted an airdrop and a small crowd sale for public distribution. The tokens are distributed fairly with the majority being held on HitBTC in user wallets or in the form of sell orders. The exchange developers were paid in EXN as well, which speaks volumes to their faith in the project. Judging by the prices on their website, they hold a very small portion of the circulating supply as well.

The market cap is low at $318,000 currently, with an incredibly low circulating supply of 5.1m, and a total supply of 10m. So, a $5.1 million market cap (which is virtually commonplace in the crypto world), would put the token at ~$1. Currently it's sitting around six cents, or 1000 satoshis, and being traded on HitBTC and EtherDelta. 

The exchange itself is scheduled to launch very soon, supposedly within a day or two. The EXN supply is low enough that $1 and beyond is closer to its true value.

Once the product is released, the community expects some serious marketing to kick in. This is a seriously undervalued project with a lot of potential. 

Come hang out in the official Discord for more information: https://discord.gg/h6EM4s6