He's backkkk! Most of the coins you've shorted and have been pissed off at have come down pretty steeply (PERP, SXP). Seems like this pump is based on launching the first Dapp on mainnet. Maybe a double top at 33c and then it comes back down? Here's to hoping since I think it's a good investment but obviously don't wanna buy in on +100% in 3 days.
tldr; Solar (SXP) has surged 170% in the past seven days. The cryptocurrency is a decentralized, energy-efficient, and community-centric blockchain, aiming to compete with titans like Solana (SOL) and Ether (ETH). Solar’s native coin, SXP, powers the network, serving as governance and utility tokens and granting its holders the power to influence governance proposals. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
some of my list of weird (still not sure what will survive, but I am out of these now: XTZ, FLOW, KLAY, KAVA, RUNE (oh god, runeee), NEM/XEM (got myself bunt there), SXP (did some tiny gains there in 2021), SAMO, GO, SYLO, EXF (lol, a nice dex learn there), BBOO, OCTA, ....
Rode SXP from $25k to $80k and then started Stablecoin Farming for a daily average of +1%, took that $80k into $250k and then my stable LPs were rugged and it all turned to dust. Took a nice luxury trip where I rented a lambo for a weekend before it all vanished though.
Swipe, SXP. Man that would have been a killer company but CEO was too busy chasing defi trends instead of focusing on one product. Damn I really lived off that Slate card for some weeks 🤣. 8% cash back on everything, Netflix Spotify and Prime rebate, 30% apy on my 30k SXP, and not to mention the price went ballistic at one point. Ended netting 330% profit just on the 30k tokens. Costumer service also refunded me twice for a $5k transfer, no wonder they failed 😂
I use DCA for BNB, SXP & ETH because these assets have given me very great profit and I know this is not the limit, in addition I get excellent passive income by lend over 60% of these assets in LP on wowswap, for example APY for ETH 83%, APY for BNB 33%, and for SXP 18%, why not fix profit not only when the course increases, but also from passive income?
The market is growing and consequently my assets such as BTC, BNB, SXP are also growing. This can not make me happy, I keep 50% of my BNB in a lending pool on Wowswap with APY on BNB 115%, I do not understand why traders are bearish on BNB, but since my funds are growing I can not but rejoice
That's why people should stop buying anything or new things, take Cryptocurrencies as investments for weeks, months, or even years not few hours or days and you expect to go 5x 20x 100x or whatever lie it is. I've been here for long before the first hype when Bitcoin passed 20k$ and since I've never bought these bullshit cryptos. Always DYOR and I'm pretty sure what your (DYOR) is checking social media only which is totally wrong! Check addresses on chain, check history if someone totally new identity just stop there it's 99% scam cause pussy scammers don't reveal themselves. Go look for projects with a real vision like payment services (example and not financial advice and I'm not even in it (Solar SXP) or something in the travel industry, anything that serves any purpose other than making devs and owners rich. Now celebrities are running scams, that's why you never follow a celebrity for anything about him, follow people with purpose, people who benefit you, people who educate you, people who give you hope. Not people who increase the dopamine in your brain, or make fun of other for you to laugh, or do stupid things, or doing anything that's not helping humanity or earth. Just let them stink with their degenerate actions and belief and thoughts, let them stay fucking lonely rather than harming. I'm pretty what applies on someone reading this won't like it, but who gives a fuck this is facts and truth. Thank you for reading this, talk won't end about this but I'll put my period here.
A couple weeks ago, Binance announced they acquired the company. It is a good sign that project might move on somewhere good. However, Binance did not buy the SXP token itself but the remaining shares of the company. So better to not FOMO. A big red flag is SXP got shilled a lot by some Turkish influencers right before May crash and also in the summer when it pumped to \~$4 and there are many Turkish investors inside waiting a bigger pump to exit. CEO is also stepped down so I would track what Binance would like to do with Swipe. They may quit the Swipe project and only use the technology stack for Binance and Binance card. Or they fund the project and continue to develop. Hard to predict tbh.
Great buying op on SXP. Just got acquired wholly by BNB binance. Binance going to add a sushi swap similar project. Along with their cards this will be huge. News tomorrow on time frame and details. Here is the news>> https://finance.yahoo.com/amphtml/news/swipe-sxp-breaks-binance-acquisition-024634728.html
For me personally, it’s knowing the smaller caps are far more centralised, be it, team, whale wallets or tokenomics. I’ve made some really good gains on SXP, CRO & Elrond. But then I’m heavily down on $IN, HAPI & a handful of others. When I crunched the numbers, had my full alt coin allocation been in ETH, it would have been more profitable. So yes, if you pick the right projects you are correct. Although risk exposure is far higher.
SXP coin. Hidden gem. Something brewing. Pretty huge rumors. If true will fly. >>>> What is Swipe? The Swipe Wallet has been designed to require Swipe Tokens SXP to perform all functions of the Wallet. Users on the Swipe Wallet will be able to buy, sell, and pay with their cryptocurrencies to fiat directly within the wallet application as well as purchase Gift Cards and make instant exchanges between all supported assets.
Sxp for the most part is dead. I had a card for a few months before they killed them for consumers. The presence online went from regular AMA's and tweets with updates to generic marketing tweets that don't really say anything at all and a telegram group filled with bots that spam "SXP 100$ ANYTHING LOWER IS FUD". The only thing I use sxp for is to short it
**>>>>>>> UPDATE FRIDAY 12/17/2021 <<<<<<<** **HAPPY ENDING** [**Crypto.com**](https://Crypto.com) **RETURNED my 788 SXP tokens.** I was helped by 2 senior female agents in support who were both incredibly professional & overwhelmingly apologetic. They acknowledged the mistake & said they would use this example in better training for crypto.com support staff moving forward. They're also sending a CRO reward to my account to make up for the time & frustration. **Thank you TIFFANY. Thank you VERONICA. Thank you REDDIT.**
Read it again... in her email of 10/13/2021... she stated **In case you need the SXP deposited in another crypto address, different from the one they were deposited to us, please, be so kind to provide it to us**. **I replied to her email & provided the address I wanted them sent to.** I don't see how that's a mistake on my part. I understand that the default operation is to return cryptos to the wallet they came from but in this case there was a LONG email thread establishing repeatedly that I did not have access to the wallet they came from because it was a custodial wallet owned by SWIPE & it was shut down.
Yes they did. I posted the email on this thread several times, see below. She directed me to deposit $400 USDC & asked me if I wanted them sent to an alternate address to provide it, which I did, my reply is at the bottom. I posted in large bold font in MANY emails for them NOT to return the old wallet & gave them my new address. CDC already acknowledged the mistake & apologized but nothing has been done to correct it. *On Fri, Nov 5, 2021 at 10:38 AM, "Crypto.com Support" <firstname.lastname@example.org> wrote:* *Help Idris understand how they’re doing:* *On Fri, Nov 5, 2021 at 10:37 AM, "Idris" <Idris@cryptocom.intercom-mail.com> wrote:* *Thanks for getting back to us, XXXX.* *I hope your day goes well so far.* *On Oct 13th, 2021, you were informed by our team that* ***in order for us to proceed with the funds returning, you will be charged 400 USD.*** *They shall be deducted from your Crypto.com account in stablecoin - USDT or USDC. Once they are deducted, our team will proceed with returning the SXP tokens to the address where they came from.* ***With this in mind, should you wish to proceed, please, purchase 400 USDT/USDC and leave them in your Crypto.com wallet.*** *Let us know about this, so that our team can deduct them and then we will let you know when we have returned back the tokens.* ***In case you need the SXP deposited in another crypto address, different from the one they were deposited to us, please, be so kind to provide it to us.*** *Let me know if you have any additional questions or if we can assist you further, by replying here.* *Looking forward to hearing from you.* *The Crypto.com Team* ***On Mon, Nov 8, 2021 at 09:10 PM, <XXXXXXXXXX> wrote:*** *Thank you Idris. I just deposited the $400 USDC into my crypto.com wallet. Per your email below, please withdraw the agreed upon $400 & send my XXX SXP to this address:* *0xa51XXXX* ***\*\*\*PLEASE DO NOT RETURN TO THE ADDRESS THEY CAME FROM, THAT WAS AN OLD WALLET I NO LONGER HAVE ACCESS TO. THAN*****K YOU!!!!**
I did. Binance support asked me to submit a return ticket & told me it would cost 0.001 BTC fee & they would return my SXP in 6 days... [https://imgur.com/a/gWHVXck](https://imgur.com/a/gWHVXck) Yeah, no thanks. Not doing that again.
Ok, then I made a mistake... and I was willing to pay $400 for that mistake to recover my tokens. And I did pay $400 for my mistake... but I didn't get my tokens back. See, that's what this is about. I'm not complaining or blaming anyone for me sending the SXP to my CDC ETH wallet, but when they told me to pay a $400 fee to return them & didn't return them, that's when it's not about my mistake anymore.
I'm guessing the gas fee to send ETH was probably around $80, so $200 was the fee they originally quoted me, I thought that was reasonable, but then they doubled it. I thought it was high too, but I had about $3K worth of SXP at the time & had no other way to get it. Now it's worth less than half that... Big HUGE losses for me.
I can see your point but we're talking about $3K... certainly not worth anyone's time embezzling or laundering money. I didn't lose access to the Binance wallet. The SXP was sent from a SWIPE wallet. Binance bought out Swipe & shut it down earlier this year. The app is gone so I have no way of accessing the wallets I had in that app. It would be like CDC closing down & then you trying to access your wallets on that app... without the app you can't.
I agree with you & in the earlier emails that's exactly what they told me, that was their policy, but in this situation I explained that Swipe was gone & I no longer had access to that wallet. They increased the fee from the $200 they originally quoted me to $400, which I assumed was the additional fee for sending them to an alternate address. They even asked me in the emails to provide the alternate address, which I did, several times in BOLD font. The agreement & instructions were very clear in our correspondence & would not have paid a $400 fee for them to return the SXP tokens to Binance's hot wallet, which they did.
Thank you for the comment. I suggested they take the fee out of the SXP, or even keep the SXP & just credit my account the difference in CRO, but they required I deposit $400 USDC to my account & they kept the SXP & my $400 USDC. I posted a screenshot of the emails & the image of the $400 fee being ADJUSTED out of my account on this thread.
I told them to take the fees out of the TXN. I even offered to take CRO instead, just credit the value of the SXP to me in CRO & take the fee out of that. I think there's a gross incompetence & disconnect with the support team that doesn't get into the hands of the right people who could quickly resolve these kinds of issues.
That's what I'm doing, hounding them hoping they'll at least return the $400... but I don't see how sending SXP (ERC-20 token) to an ETH wallet was fucking up on my part. The tokens are there, it's a custodial wallet, they have access to it, would be a simple matter of entering my new address & sending them to me. Then take your $400 BS fee, but at least send me my tokens... Aggravating.
SXP is an ERC-20 token, it is accessible thru any ETH wallet. It doesn't require any special support from [crypto.com](https://crypto.com). I can go to Etherscan & see the tokens there in my [crypto.com](https://crypto.com) ETH wallet along with my ETH. [Crypto.com](https://Crypto.com) has the keys to that custodial wallet, it would be a simple matter of them sending the tokens to the address I provided, no different than if they were to send the ETH out of the wallet per my instructions. To your 2nd comment. That's what I want to know. Why did they take $400 from me to return the tokens but then not send them to my address. The original wallet they came from was a custodial wallet in the SWIPE app. That app was disbanded by Binance earlier this year. The app doesn't exist anymore, so I don't have access to that wallet. It worked similar to [crypto.com](https://crypto.com). If [crypto.com](https://crypto.com) closed down tomorrow & told you to move your cryptos elsewhere & then later you sent them back to the [crypto.com](https://crypto.com) wallet, you're not going to be able to access them without access to the app.
I had thought about that... I'll try it. Thank you! It was 788 SXP, worth about $1,500 now, but when I was trying to get my hands on them in August they were worth about $3,200... I even suggested to CRO that they just credit my account the CRO in exchange for the SXP & take their fee form the TXN. I really tried. Hey, thanks again.
I can see your point, but SXP is an ERC-20 token, it should be accessible in ANY ETH wallet anywhere. There is no special requirement for [crypto.com](https://crypto.com) to support SXP... it is inherent by being an ERC-20 token, so that part didn't make sense to me. And I agree with you, even if I lost the SXP, so be it, but at least return the $400 fee they charged me for returning them since they didn't. Sorry about your loss too.
Thank you for your post. I contacted the legal department last night. I'm going to try the phone app support again today. I'll keep trying, it's a lot of money that I lost, hope I can recover it. After this happened I sold all my CRO & moved all my cryptos off the exchange. I won't be using it anymore if they don't return my SXP & $400 USDC.
Not checking if SXP is supported on CDC is the main fault here imho. Every other exchange would have shrugged it off bc there is a warning that you only should send the token designated to the wallet. Don't know why they took 400$ to reverse the transaction but they did it - there seems to be more to the story because if the coins came from binance in the first place and not from swipe wallet like OP mentioned in the first place I don't see the reason why he has no access to the Binance account anymore...
Thank you!! This is not a scam. I feel like I've been given the run around form [crypto.com](https://crypto.com) support for months now but I don't understand why. Sending an ERC20 token from my custodial ETH wallet is a simple task that could have been completed in minutes... Why would they drag it on for months & charge me $400? Is it something with SXP? Binance? Now I'm a little concerned about [crypto.com](https://crypto.com), don't feel safe keeping my tokens there after them doing this to me.
I started the chat in the app but they told me they had to escalate the request because SXP was not supported & they would email me at my email address & they did. That was all the way back in August. I've literally been going back & forth for months trying to get this resolved. I'm astonished that they didn't send them to my address. I was hoping someone had some advice to offer, maybe an avenue I haven't tried.