HDDCoin, one of the few forks I have kept farming due to the professionalism of their team, has listed on XT.com just like Spare. Unlike Spare, however, the team behind HDD is very active and is one of the quicker teams to get updates out.
The listed pairing is HDD/USDT and the launch price was set at 3 USDT/HDD. This quickly shot up to 5.75 USDT/HDD then rocketed down to about 0.20 USDT/HDD. It has been trading pretty steadily around that price all morning and there seems to be a decent amount of activity.
I’m not a professional money guy, nor do I know what I’m looking at when I look a the stock market-style order boards, but it seems like they have a real thing going here with trades moving the price up and down to 0.25 USDT and then back down to 0.20. There seems to be enough of both on the order sheet and things look pretty stable. At time of writing already 130 000 HDD have been traded.
I’m sure they would prefer that the price didn’t crash so low, but to be honest its probably going to be the norm until more Chia and Chialisp utility / software hits the ecosystem. In preparation for this launch, HDD has been very active in engaging with the community and Digital Spaceport has an excellent interview with their Marketing lead Plotzilla. You should subscribe to Digital Spaceport if you haven’t already, and check out the interview below.
The $5.75 is a false high, there was a series of trades just before the market actually opened, I think these were perhaps some sort of test.It was around $0.40 that it really kicked off at.
I got up early this morning at 4:50am to sell, but was rather disappointed, and rather sleepy!
Oh that would explain the rapid swing. Thanks!