One Token has dipped by 40% since its launch last week.
After One token’s price dip since its starting price at launch last week is it time to buy the dip?
One Token is based on a “fair token distribution system” in which 10% of all tokens will be given to Binance Smart Chain users of the coin “equally and fairly.”
Users of the tokens are also paid a reward of 4% for every transaction made on the network. This means that whenever tokens are bought or sold, $ONE wallet holders are paid directly into their wallet.
One token’s aim is to become “the most decentralised token ever” using the Binance Smart Chain as its distribution and hosting method.
Where to buy ONE token
eToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 14 Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.
Ava Financial Ltd operates the AvaFX and AvaTrade forex brands and all business associated with them. The company has a branch office in Dublin, Ireland, which enabled it to get an operational license from the Irish authorities.
What makes One Token a good buy?
One token promises a secure and safe network.
Using TrustSwap, the One Token development team has “locked up” a percentage of the available circulating supply of ONE. This keeps the project safer from “rug pulls” whereby developers abandon projects after securing investments.
By locking up a portion of their total liquidity, One Token are trying to give assurances that they have no plans to walk away from the project.
With the project only coming to market in the last week, there is still a lot of upside potential for the project.
To put this into perspective, if ONE token managed to reach a valuation of $1, then a $100 investment today would increase by 1,533% – resulting in a return on investment (ROI) for buying One Token.