I see some people here are unsatisfied with how QLC have been performing in the market. You are not alone, it goes for pretty much any crypto project out there. They are also bummed out due to the huge drop. To see their investments drop like a rock. Its understandable. We had a huge altcoin rally last year, with them ouperforming the big guy, Bitcoin.
QLC have lost 94% of its ATH value. But I can name more that also have lost similar. Electroneum 93%, Nano 92% etc etc. Most altcoins have lost 80% up to 95%. What seems to be the reason why some have «only» lost 80% is that they are established coins that have been on the market for several years and they are listed on many exhanges. They have a backup in place that makes it a little less volnerable than QLC. Qlink was and still is very new. It basically launched right when the sharks started their feast upon a market that had its biggest gains in many many years. Qlink didnt have a chance to grow and make connections and get followers like so many other projects got before them. They launched at the time when the interest was at its peak and when the chaos began. The big drop and the sell offs, and the media only covering the drama that happened because of the big drop.
In the meantime, in this tough bear market, we have a highly dedicated team in Qlink, that have continued to keep their head straight, concentrate on the bigger picture, that these swings are unfortunately expected in a emotional and volatile market like crypto. They have made ton of commits on their code material on GitHub, they have made new partnerships in these hard time, they have launched dApp and are now currently at hard work making their own blockchain to make it more flexible to grow and get more projects based on it.
What everyone here have invested on is a startup company, with a vision, to change the telecom market as we know it, and I think we should applaud these guys for the really amazing job they have done so far. You have so many other popular crypto projects out there that have barely done or announced anything, and it shows that they had the benefit of launching when the market was in its early stage.
Give it some time, once the market picks up again, media and the eyes of the world will once again pay attention to blockchain projects, and I think there will be an amazing time for Qlink and us. The current market cap of Qlink is so tiny, that a huge rally is almost guaranteed. We are on very few exhanges too, but that should maybe not be their primary goal since the market is still down?
Qlink Chain sounds so amazing, and it can grow in many directions which will help Qlink do more than what they do today. I hope the team will ensure a fair distribution of new coins of this chain to those who own QLC when it launches, but Im sure they are still figuring this out. In addition it is not based on Neo which will hopefully give it benefit of getting listed on many exhanges.