Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: nhanhuutam on June 04, 2018, 06:14:12 PM
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Due to an insufficient amount of QKC tokens deposited, Binance will postpone the listing of QuarkChain (QKC) until further notice. We will keep QKC deposits and withdrawals open and provide a further announcement prior to listing. Thank you for your understanding.
Thanks for your support!
Binance Team
2018/06/04
Source : (https://support.binance.com/hc/en-us/articles/360004502151)
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There has been an update
Binance will open trading for QKC/BTC and QKC/ETH trading pairs at 2018/06/05 4:00 AM (UTC) and have issued a high risk warning.
High Risk Warning:
There is currently only 3.61% of the total supply of QKC tokens in circulation at the time of listing. The total supply is 10,000,000,000 QKC. [The ICO price was USD 0.018]. This may cause extreme price volatility. Please exercise caution when trading in the QKC trading pairs.
According to the QKC team, the future QKC circulating supply as at each date below is estimated to be:
| Date | | | Circulating Supply | | | % of Total Supply |
| 4 Jun, 2018 | | | 360,888,888 | | | 3.61% |
| 4 Jul, 2018 | | | 770,500,000 | | | 7.71% |
| 4 Aug, 2018 | | | 1,069,000,000 | | | 10.69% |
| 4 Sep, 2018 | | | 1,337,142,857 | | | 13.37% |
| 4 Oct, 2018 | | | 1,518,976,190 | | | 15.19% |
| 4 Nov, 2018 | | | 1,921,309,524 | | | 19.21% |
| 4 Dec, 2018 | | | 2,293,285,714 | | | 22.93% |
Mainnet is scheduled to start in early Jan 2019. As such, mining rewards that add to circulating supply are unable to be accurately estimated from this point forward.
Source (https://support.binance.com/hc/en-us/articles/360004471832-Binance-To-Open-Trading-For-QuarkChain-QKC-and-Risk-Warning)
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This coin seems so scammy.. I'm sure the early investors loved the 16x gains or whatever, but this is kind of ridiculous.
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This coin seems so scammy.. I'm sure the early investors loved the 16x gains or whatever, but this is kind of ridiculous.
Yeah when the circulating starts increasing, this coin is definitely going down.
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This coin seems so scammy.. I'm sure the early investors loved the 16x gains or whatever, but this is kind of ridiculous.
Yeah when the circulating starts increasing, this coin is definitely going down.
I'm surprised Binance really tolerates this.. I know theyre out there trying to get paid like everyone else, but ANYONE involved with this can see its a deliberate pump cash grab by the dev team.