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Why is FST Coin Falling (Why is FSN Coin Not Rising)

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Why is FST Coin Falling? Editor\’s note: This article is from Odaily, authorized

Why is FST Coin Falling (Why is FSN Coin Not Rising)

Why is FST Coin Falling? Editor’s note: This article is from Odaily, authorized to be reposted.

Starting this morning, the price of FST coin began to fall, dropping below $5, with the lowest price rebounding to over $3, and has since remained fluctuating near the high point. Why is there a sharp fluctuation in the value of FST coin? 1. What is FSTO (Future Stability Offering)? FSTO is a network application that combines digital currency and blockchain technology in a new way. It uses smart contracts and tokenized securities issuance platforms. It provides users with innovative investment opportunities for traditional stock market investment tools, as well as various financial derivatives products and services. FSTA, launched by Blockstream, is the first enterprise-level blockchain project that supports Bitcoin Cash (BCH) payment solutions.

According to data from blocktreasuries, there are currently over 400 addresses that hold at least one BTC or 10,000 ETH. Statistics show that most of these addresses have purchased Bitcoin before.

In history, without the participation of these mechanisms, they would become investors or traders because they consider “cryptocurrencies as very irrelevant assets.” For example, if you have an account with assets worth $1 million, you can sell it to your friends; if you want to buy Bitcoin for $1 billion, you need to apply for a loan from a bank.

For this reason, some exchanges have also taken measures to restrict customers from purchasing this currency. However, with the recent popularity of the FSTO project, a large number of FstopTokens have appeared on the market. For example, STP/TRP trading pairs on CoinbasePro, now known as FSTEP. 2. How does this affect the liquidity of Fsteo? First, let’s talk about FSTE Euro. In Europe, major countries usually decide whether to accept fiat or cryptocurrency as a source of funds for certain periods of time, but this is not important for Asia. During the global economic crisis, many people saw this as a safe haven choice. Therefore, we must closely monitor market trends. In addition, we should also consider a series of measures adopted by various governments, including banning Russian citizens from entering the country’s overseas territories, etc.

Why is FSN Coin Not Rising

According to the latest data from Fsn.com, as of 11 PM on March 17, 2020 (Hong Kong time), FSN has risen from $1 to a maximum of $4. But due to factors such as low price and insufficient market value, why hasn’t FSN coin followed the recent trend? 1. Reasons why the stock price cannot rebound 1. FSN coin cannot rise

After Bitcoin fell below $20,000 in 2018, it began to fall again, and it did not break through the 20,000 mark until June this year. The current number is around 190,000 yuan, which is more than 40 times the historical high price when compared to the previous high. So its trend will be stronger than Bitcoin, but because of this downturn, its price is more than 5 times lower than the previous high. 2. Why is FSN coin a huge bubble? 3. Reason 4: Investors lack confidence

At the end of 2017, many investors believed that FSN was a Ponzi scheme. They believed that these funds were only for speculation and did not have real value support. When they realized that they were investing in something that might be just “air,” they gave up many speculative assets and turned to buying so-called “air” cryptocurrencies. This situation has confused many people, and thus FSN coin appeared. However, many people thought it was a scam at the time, but later the FSN project team said, “I know this is ‘fraud’.” Wang Xing, the founder and CEO of the FSN project, once told the media that he was not optimistic about this token. Even a person named Huo Mars Cloud Storage did not expect it. His plan is to use blockchain technology to turn the virtual world into reality. “The reason why people can’t see the future is because we don’t know the potential of the future, so we believe in the future development.”

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