STOX (STX) Price Unravels Despite Debunked Rumors of an Exit Scam

STOX (STX) keeps crashing following rumors of an exit scam, with the damage already done despite the team’s attempt to calm traders. In the past week, the news caused STX to extend the crash, and it lost 33% of its value with a move from $0.05 to the $0.03 level.

https://twitter.com/stx_coin/status/1061639866147069953

The STX sell-off continued on Gate.IO and HitBTC even after the team explained away the claims of a scam. The message suggesting the STOX team was pulling an exit scam, in fact, revived an old operation following the ICO, when one of the developers transferred tokens through a dedicated smart contract.

The message, interpr…

This article appeared first on Cryptovest

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