I have decided to spend more time on this question because I need to convey something.

03 Aug 2023, 12:56

I have decided to spend more time on this question because I need to convey something The fact that we get up everyday work from 8 to 5 does not change based on your belief or perception fortunately. Perception is largely subjective. 😅 Anyway. We are busy behind the scenes. See it in the updates that will come. More exchanges doesn't increase price - utility does. Here are some of my thoughts. Cost of Exchange Listing: Listing XRPAYNET, or any cryptocurrency, on an exchange isn't free of charge. Exchanges often have substantial listing fees that can run into thousands or even millions of dollars. Besides, there may be additional costs related to meeting regulatory requirements, conducting audits, or implementing technical integrations. These costs are borne by the project team and do not guarantee any immediate return in the form of price increases. In fact, if the market perceives the cost of listing as a drain on the project's resources, it might even negatively impact the price. Pre-listing price movements: Often, the speculation of XRPAYNET getting listed on an exchange is already factored into its price. It's akin to the concept of "buy the rumor, sell the fact". When XRPAYNET actually makes it onto the exchange, there might be a trend of selling to realize profits, possibly causing the price to dip rather than rise. Market sentiment matters: The overall mood or sentiment of the market plays a significant role in the price dynamics of XRPAYNET. So, even with a new listing, if the market is in a bearish phase, it might not lead to a price surge. Timing is key. The Liquidity factor: Sure, a new exchange listing means increased accessibility for XRPAYNET, theoretically implying more demand. However, if the exchange doesn't have a significant user base or fails to attract enough new buyers, the impact on price could be limited. Competing exchange listings: If XRPAYNET is already available on numerous other exchanges, then an additional listing might not make a significant difference unless the new exchange offers some distinct advantages. The Speculation aspect: Much of the value of assets like XRPAYNET right now is driven by speculation/speculators. So, even if it secures a spot on a major exchange, if traders don't foresee a long-term value in XRPAYNET (which we're buidling right now), they might not be inclined to buy, leaving the price unaffected. We will get to a point where we move beyond speculation and that I can't wait for. Influence of Major News: Sometimes, major events or regulatory developments can override the potential positive impact of new exchange listings. For instance, talk of regulatory action like we saw with Ripple and the SEC can negatively affect the entire crypto market, regardless of XRPAYNET's new listings. The timing is just off now - to list on exchanges now will be a waste of company resources. We are bring changes to the app and working really hard on it. Thank you for your support and patience. Tiaan.