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Mainnet Launches to Watch: Ontology (ONT), Zilliqa (ZIL) Coming in Q3 2018

Published 07/17/2018, 09:03 AM
Updated 07/17/2018, 09:20 AM
 Mainnet Launches to Watch: Ontology (ONT), Zilliqa (ZIL) Coming in Q3 2018

The mainnet launches this year have not ended with the running of EOS and TRON, each already a month old. There are several other upcoming launches to be aware of, each with their varying importance.

In the coming weeks, the window for the Ontology (ONT) token swap has been opened starting July 9, but there is ample time to swap the tokens through an exchange, or the Ontology Android wallet. The deadline for the token swap is October 1. Mainnet launches have a variable effect on an asset’s market price. ONT slid by about 6% in the past week, losing about 70% since its peak, to slide down to $3.61 after the news of the token swap release.

The other long-awaited token swap is Zilliqa (ZIL). This swap may create additional hype, as the project has not yet selected date, but the coming three months are the most probable deadline. ZIL currently trades at around $0.074.

Enigma (ENG) also plans its launch in the third quarter of 2018. The asset has slid significantly in price and trading volumes, down to $1.31, and it is unknown if the swap would generate another market spike. In the case of TRON and EOS, the prices even slid significantly after the mainnets became operational.

https://twitter.com/rich_phat/status/1019191521747193857

Still, Enigma lines up among the most awaited token swaps for the second half of the year.

But not all launches are created equal. The Safex (SAFEX) token, also known as the Safe Exchange Project, relies on generating hype around its token swap.

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https://twitter.com/SAFEXCRYPTO/status/1018177991765921792

However, the low-volume appreciation of SAFEX against Bitcoin is starting to look shaky. The crypto community has noted that the SAFEX asset looks risky, and has had several pump-and-dump events. So the mainnet launch invites extra caution. The SAFEX digital asset is traded on niche exchanges at very low volumes, and the coin is seeing aggressive advertising or outright shilling on crypto media.


This article appeared first on Cryptovest

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