Factom is swimming against the waterfall

in #crypto5 years ago

ShareX_2018-12-07_00-10-37.png

Take a look at the recent 1-month graph of Factom, what can you observe? Yes, it is complete the upside down version of the whole crypto market or any random crypto!

image.png

So much green, such lovely!

A couple of random coins could disobey the overall market trend either up or down. But I rarely seen something rebellious like this, Factom has been rocketing despite its peers were swimming in a straight down waterfall.

Searched through the Factom Subreddit, I don't find any significant news that is sufficient to explain this weird bull behaviour and the only interesting thing I could find is the GIF below that pretty much sums up what Factom is all about recently.


2018-12-07_00-22-13.gif

Trading market is never a reasonable place, especially the crazyass crypto.


Posted from my blog with SteemPress : https://fr3eze.vornix.blog/factom-is-swimming-against-the-waterfall/

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What the hell is factom doing? Lol...I haven't looked into this since i traded in the early poloneix days haha

I'm not sure. Ut being the only big green listing in CMC consecutively has bugged me for quite a while too.

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They are a blockchain-as-a-service company. Read somewhere on Twitter that they have 2 new customers using their platform which is already live.

I read their whitepaper, their tokens are used for transactions on their platform. However, there are skeptics that are saying that the tokens are not required. So I don't know who to believe. Lol..

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Thanks for the input man. I've read bigger development/good news on other projects but none has disobey the BTC trend, which is going downward. So I suppose factom just got hyped somehow.

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