In an attempt to save their crashing token AT, major cryptocurrency exchange ABCC is desperately running ads on Google and other networks offering their users a 2% daily reward for not selling their token. Like they say in the mission impossible movie, ‘desperate times, desperate measures’.
Below you can see a screenshot of their Google ads above their website’s picture.
ABCC’s token AT was recently crashed just to $1.00 on August 5th from previous day’s trading price $3.60, giving ABCC a shock in losing almost 75% of its value.
Seems like AT rallied to crash from that day and today its trading price on the exchange is only $0.67.
The above chart shows their crashing rally from almost four dollars to just 67 cents.
This must have made the exchange team so desperate to run ads on Google and other channels to make their users hold AT by giving them a 2% daily reward. Only time will tell whether or not this marketing strategy of the exchange brings any benefit and saves AT from crashing any further.
Some marketers also say that since ABCC exchange is providing incentivized trading via transaction-fee mining and/or zero-fees, their overall trading volume appears to be much higher than the actual trading volumes. This could play a very important role to show high daily trade volumes resulting in top positions in sites when they list volume based rankings.