Altcoins Talks - Cryptocurrency Forum

Earning => Awards, Contests & Voting => Voting => Topic started by: dragononcrypto on December 04, 2020, 05:20:43 PM

Title: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: dragononcrypto on December 04, 2020, 05:20:43 PM
Someone help me to understand this. MoonDeFi pre-sale went live (https://moondefi.org/#/sale) yesterday, whereby the price is $0.25 per MOON, whereas on Uniswap the price is trading over $1 (https://etherscan.io/token/0x71924a8d733ae1bbc18d243e1deb56e767440eb6#tokenTrade) (the "considered" value of the token), even as high as $1.40 (https://info.uniswap.org/pair/0x71924a8d733ae1bbc18d243e1deb56e767440eb6) looking at the chart. Are the pre-sale and public sale tokens locked for a certain period of time or something? There is no ANN to ask this elsewhere unfortunately, hence I'm posting it here in good faith.

Otherwise it seems a good opportunity for arbitrage if there is the trading volume for it; buy pre-sale at $0.25, sell on Uniswap for $1. Notably this isn't happening, so I assume there is a lockup on the sale tokens for something. I otherwise verified the cotnract address from here (https://news.bitcoin.com/introducing-moondefi-a-new-part-of-decentralized-finance/), though not ideal I know, knowing that there is more than one token with the ticker MOON. The public sale rounds otherwise ends end of February with the price rising to $0.75 in the final round, while the bounty ends mid-January (https://www.altcoinstalks.com/index.php?topic=179756.0), with tokens due to be distributed at the end of each month (so December, January then February I assume).

With the 1,000,000 tokens for the signature campaign alone, divided by 8 weeks and maximum of 200 particpants, this would mean the tokens distributed per week are currently worth $625 per person on average (1,000,000/8/200) - obviously to me this seems incredibly high, and therefore I don't expect the $1 price on Uniswap to hold up personally. After all, we're talking about $125,000 worth of tokens per week being distributed per month, while the trading volume is no where this.

What are your thoughts, is this not weird to you as well?

Embedded references:

https://etherscan.io/token/0x71924a8d733ae1bbc18d243e1deb56e767440eb6#tokenTrade
https://info.uniswap.org/pair/0x71924a8d733ae1bbc18d243e1deb56e767440eb6
https://news.bitcoin.com/introducing-moondefi-a-new-part-of-decentralized-finance/
https://www.altcoinstalks.com/index.php?topic=179756.0
https://moondefi.org/#/sale


Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: trauchot on December 04, 2020, 07:48:36 PM
There is nothing surprising here, I have already seen many such cryptocurrencies that were traded at incredible prices, and then when it came time to pay bounty hunters, the prices immediately fell down very much, so I think the same thing will happen here, so we don’t have to count on something incredible.
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: Nostoman on December 05, 2020, 12:01:58 AM
To my knowledge, they have started selling a lot of tokens. Website sorting has been the most preferred. I think all the users who have joined, they will benefit. The promise of the project is much higher. So I think the price will be able to hold.

Listing on a good exchange will definitely bring something good for everyone. Looking at the website or everything, Moondefi is committed to many. So the first dimension should be invested. However, many in our forum, especially in my country, are not aware of Uniswap.

Most users just work. Researching about the project doesn't take much. Again don’t invest too much.
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: Lanirex on December 09, 2020, 01:31:58 PM
I only think positively, even though I did not join MoonDefi's Bounty campaign.  If later when the Bounty campaign is over Moon's price will not reach $ 1, but I hope the price won't go down too much.  Hopefully this MoonDefi can be like a DIA token, whose price is stable to the distribution of prizes for Bounty hunters.
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: MRM on December 09, 2020, 01:39:36 PM
The Moondefi project has the potential to be good. Already many sales have been completed, but there are also doubts about what the future holds. Because Moondefi can be much more successful if the project team is good, if it is listed on a good exchange. So I think the success of the project is in the hands of the project team.
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: Noverteno on December 09, 2020, 10:10:02 PM
I am always confused by the promise of high rewards in ICO bounty companies.  How many times I have not joined such awards yet on the bitcoinstalks forum, I do not remember a single case when such projects brought decent profit.  Perhaps this project will be an exception.  After such high assessments of this project, I will probably carefully read it again and, perhaps, my opinion about it will change.
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: dragononcrypto on December 10, 2020, 12:19:56 AM
I am always confused by the promise of high rewards in ICO bounty companies.  How many times I have not joined such awards yet on the bitcoinstalks forum, I do not remember a single case when such projects brought decent profit.  Perhaps this project will be an exception.  After such high assessments of this project, I will probably carefully read it again and, perhaps, my opinion about it will change.

I do know what you mean, that's why I question the value of it right now. As long as it trades above $1 on Uniswap I'll be happy, but realistically expecting it to 10 cents once I get tokens. I did just notice a transaction to swap LINK for MOON though, that looked exciting! Shame it's all low volume though, this will be another issue...
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: hair on December 10, 2020, 12:39:03 AM
I'm not too sure the huge rewards will last after distribution. I don't have high expectations with bounties. So just enjoy what you are doing right now. 8)
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: Lenipiw on December 10, 2020, 10:59:50 AM
Moondefi is currently campaigning in our forum. However, many users have promoted this project. All users hope the project will be good. Because the project is very active. The project team is constantly selling a lot. Then there is the possibility of a better one.
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: Coin63@ on December 10, 2020, 05:29:40 PM
I'm not too sure the huge rewards will last after distribution. I don't have high expectations with bounties. So just enjoy what you are doing right now. 8)
I already joined MoonDefi signature campaign without checking website and other social media platforms. But it looks like uniswap decentralized exchange but I am sure MoonDefi obviously will go to the moon.
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: EAA-ALLAH on December 10, 2020, 06:35:44 PM
I don't believe MoonDefi project because how a huge amounts of budgets would provide among bounties campaigns hunters. If it possible finally it will turn into shit project.
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: Tanimariya on December 10, 2020, 06:56:45 PM
Looking at Moondefi budget I find it incredible. However popular at present. As the budget is too high, it may have a bad effect next time. Has shown a lot of commitment, but I think the chances of success in the future are very low. Because such a big budget every week is incredible.
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: Galaxy on December 10, 2020, 07:41:25 PM
The words are real. The amount of budget is much higher. May shit in the future. However, I have joined the campaign for the project. I enjoyed watching the Moondefi project. That's why I joined it. Currently more people have joined the signature campaign. So hopefully the future will be successful.
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: Bitstar_coin on December 11, 2020, 07:19:23 PM
If the pool allocated to hunters is not that huge hopefully it might not affect the price too much but then again you never can tell with this project this days, sometimes team themselves dump even before bounty hunters have the chance to do so, the reason why bounty with specific allocation to each rank is preferable or have a limited participants.
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: hair on December 13, 2020, 10:56:52 AM
But it looks like uniswap decentralized exchange but I am sure MoonDefi obviously will go to the moon.
We'll see what it will look like after distribution. I can only wish the best to my friends who join the moon DeFi bounty. All the best for you guys. :)
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: dragonvslinux on December 13, 2020, 06:32:52 PM
But it looks like uniswap decentralized exchange but I am sure MoonDefi obviously will go to the moon.
We'll see what it will look like after distribution. I can only wish the best to my friends who join the moon DeFi bounty. All the best for you guys. :)

Thanks, fingers crossed I guess. You only know til you get the tokens that's all I know. Could be the next Uniswap they say, but let's see. Even a 90% drop in price would be good earnings though  :)
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: yemight62 on December 13, 2020, 11:39:47 PM
There is nothing surprising here, I have already seen many such cryptocurrencies that were traded at incredible prices, and then when it came time to pay bounty hunters, the prices immediately fell down very much, so I think the same thing will happen here, so we don’t have to count on something incredible.
The price didn't fell actually, I think the Hunter fell the price. Humters are considered dumpers. About 1000 people are trying to dispose a particular token all at the same time, do you expect it to rise or maintain its position 
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: Hometown on December 14, 2020, 04:48:37 PM
Most of the projects are looking very gigantic before launching any exchanges. After arranging exchange plafrorms , all projects are gradually deceasing and some are finally going to turn into shit projects.
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: Paglamon on December 14, 2020, 10:50:17 PM
Moondefi current state is much better. Has gained much more popularity. But there are plans to distribute Bounty Hunters in the future. I think campaign participants will get something better.
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: dragononcrypto on December 17, 2020, 09:39:09 PM
Well, if it sounds too good to be true, it might well be too good to be true it turns out. The bounty is now on hold  :-\

Important Announcement

Dear Bounty Participants,

We want to thank you for your active participation in the MoonDeFi bounty campaign. We regret to announce that the bounty campaign will be paused until the MoonDefi team distributes the 1st month's rewards.

Our initial agreement with the MoonDefi team was they were going to distribute the rewards monthly. However, after a while, they told us that the distribution would be done after their pre-sale. Thus, our team decided to pause the campaign until they distribute the first month's rewards as they promised initially. We will give them the participation list, and if they distribute the rewards equitably, then we will launch the second phase of the bounty.

We will keep the community informed timely should there be any more updates regarding the bounty distribution. Thank you for your continuous support and participation in our campaigns.

Kind Regards,

Bounty Detective Team
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: Pluto25 on December 18, 2020, 11:48:05 AM
I took participated in bounty campaign from bitcoin talk forum but bounty detective team already postponed bounty campaign. I already wasted 4 weeks in vained.

(https://i.imgur.com/vvcZRF9.jpg)
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: dragonvslinux on December 18, 2020, 10:54:29 PM
I took participated in bounty campaign from bitcoin talk forum but bounty detective team already postponed bounty campaign. I already wasted 4 weeks in vained.

(https://i.imgur.com/vvcZRF9.jpg)

Yup, looks like this happened. Now have to wait to see if moondefi project pay bounty hunters or not  ::)

Should of had another option in the poll "bounty hunters won't get paid" as clearly this was another possible outcome that occurred. Hopefully they will pay and the bounty can continue, but otherwise, onto the next I guess. It's a good job it stopped when it did at least.

Also notice the pre-sale contract has lots of very small buys (probably market making), only a handful of individuals appear to have actually invested  :-X

All the trading volume >$1 was made of trading cents and dollars basically.
Title: Re: MoonDeFi currently trading $1 on Uniswap but pre-sale only $0.25?
Post by: Nikawe on December 18, 2020, 11:31:27 PM
It's an another scam project managed by bounty detective team . They quickly postponed the bounty campaign. Thanks bounty detective for catching project team scamming techniques.