I've got 5,500 NXRA tokens, for those who might not be familiar, that's the new token that took over after the original Alliance Block (ALBT) got hacked last month.
Honestly, I kinda forgot about these tokens until today when I finally claimed them, and it looks like I’m almost doubled my initial investment.
Just curious if anyone else has any NXRA or knows what’s up with it?
I’m torn between holding onto my 5,500 tokens (which are worth around £404.00 now) until the next bull run or just cashing out and moving it into something safer in case it crashes completely.
Still holding this altcoin and noticed it is up 110% last 5 or 6 days.
Anyone else holding or even heard of it?
I am still 40% down on my investment overall but hoping it can recover and do well this coming altseason, fingers crossed.
NXRA is Nexera's token that replaced ALBT after the BonqDAO mess, with ALBT holders migrated via a portal.
The project later had a staking-contract exploit and the team burned a chunk of the stolen NXRA, which shows response but also that contract risk is real.
Max supply was expanded to 2B with large allocations for validators/liquidity over a long schedule, so dilution and unlock overhang matter. Liquidity is mid-tier on venues like KuCoin and MEXC, so expect sharp swings.
If you keep it, tie the position to concrete catalysts you can verify, if there's no clear thesis beyond recent green candles, taking the win and reallocating to something you understand is reasonable.
I am keeping it. We are almost at the best time for altcoins and I believe RWA will be a good narrative so this should do well. But I will sell some early to limit my risk and then hold some in the hope it has a good end of year.
If I were you, I would just sell and cash out or move on top the next one before it is too late. Holding a token for years is not worth it and may die along the way.
I have had my ugly share of holding tokens for years, and it mostly amounted to nothing. Even holding Bitcoin for that long was way much better and less risky.
Let us know how much is the worth of the coins right now and how much profits you made on your investments, or you claim that 5,500 NXRA from airdrop and bounty, but you must know that all those coins that pumped and dumped frequently are not good investment for long term sake and what you should do is to make sure you calculate the market and exit when the market is relatively high before you get dumped on.
Congratulations on the price increase bros. If I were you, I wouldn't hold onto those tokens for long, because I believe that 99% of altcoins are scams. With the current chaotic market situation, it's a good idea to take profit & switch our investment to BTC. By the way, I'd like to learn more about NXRA. What sector are they in? Is it RWA & DeFi based?
They are RWA. And despite the 200% pump in recent weeks I still find myself 25% down overall.
I didnt really focus on investing in it last year or so as wasnt sure if it would survive so Im just glad it has and I now have a chance of making so money out of it.
If it continues to pump, then I will take out some profit when I hit 100% return on my investment and then let the rest ride to see how high it can go.