Relex is already making their commitments well. They’ve successively communicated with their investors and the community is as strong as ever. It looks like they’ve followed through on their initial Roadmap and we’ll hopefully get another update from their incredible team.
Such cryptocurrency will be interesting to see developments. For a long time, investors should be at Relex, but if they succeed in their plans in large scale, they can see very high Income.They have no competition yet, but if they start to move significantly and RLX prices rise, some others would expect to take action. Overall great project.
Since it was available for trading, RLX did not have a decent price hike, but due to this it could be due to the lack of suitable exchange which is available only in IDEX, LATOKEN , and other small exchanges. The good thing about this reasonably steady price action is that once RLX does start to pick up in price there’s a whole lot of price discovery ahead of it, not much in the way of resistance from a TA perspective.
Since the company offering is not changing based on price of Relex I imagine it is the vessel that will be what drives the price up as they announce things and put it on IDAX forcing people to buy Relex at a higher price. For someone to buy that much RLX would inevitably increase the price a ton. The other projects funding goals change according to RLX value. The difference makes me believed that it’s connected to the transition!