TheRediJedi

XDB Accumulation - with XDB/BTC pairing.

Long
TheRediJedi Updated   
KUCOIN:XDBUSDT   XDB Chain / Tether
Accumulating XDB and running it in XDB/BTC pairing bots.. It is my coin for the year that may turn around and is finding it's bottom, if it hasnt already done so.

Current info
- XDB is an active project with updates informed vua Twitter and Medium
- It is a payment system that offers 10-15% in rewards after its used for a purchase at this time.
- They just launched payments in ASRoma, Doppleganger and Nuvolari (50 or so) stores. according the their Twitter handle Digitalbitsorg.
- In ... I believe MEXC AMA, they teased a large 900+ location brand chain that they are working with to launch Digibits for payments and rewards.
- Uses AtraX wallet
- It was primarily traded on Kucoin and Gate.io, but in the past month or two it has been listed on MEXC, CoinDCX, BTCEX, Deepcoin, etc.
- Also according to their Twitter, "#Defi is coming. AMM and liquidity pools are part of the V18 update, which is in testnet."
- Tokenomics roughly 3b/20b circulting. Some have been burned, some donated to Ukraine (address untouched since donation as of now).
- A token release/minting schedule is unknown.

I've been accumulating for a month or two.It has an ATH of 0.84 and is currently trading at ~0.00138. I'll be accumulating 0.0002-0.006. It's All time low is 0.00113147 on Kucoin. Which is down 99.xx%. Given the project being active, payments/rewrds available in a growing list of new stores, and DEFI in testnet the project appears to be undervalued. Weekly volume since October 2022-current is roughly 50x when copared to 2021 when it had it's high of 0.84 which is good news, but the Tokenomics needs to be monitored.
Trade active:
ASRoma no longer having DigitalBits on Jerseys.
Comment:
SoHo Upgrade scheduled for 6/26
XDB started sponsoring a MOTOGP rider, was just in top 10.
Comment:
Lteast published Update: medium.com/digi...te-46854dea7bfd?source=rss...

Discord announcements are good to, to finite your trading.

If XDBs Reward system takes off, Swap does well, tokenomics get nailed down,
and the supply gets devoured .. I could see it hitting 1.34-1.7, if the keep pushing, growing, and hiring sales reps.
Trade active:
On Twitter they posted by the end of Augusdt 2023, that the Circulationg supply will be updated. This will not be happening, which is either them buying back more due to there new Buy back iniative, or other unknown discresencies. Currently, Ive accumulated 4x more XDB, and Tp'd 130% in BTC. Holding to see if Nicoswap comes through, and if Use Expands (in regards to the 900+ stores acount). 10/31/2023 is the next date for a new company to start use of XBD platform in minting there own token through XDB (where XDB takes 1% of usage, this does not include the 900+ store reward systems account).

Time wil tell if its just fluff or not.
Trade active:
XDB atlas launched 10/4/2023
- Teasers about 900 store account for end of October
- BCO on XDB Chain in works with Burn rate setup of XDB
- Last burn was 25m tokens bringing total supply of 20b down to ~19.975b
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