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Bullboard - Stock Discussion Forum Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three... see more

TSXV:BNXA - Post Discussion

Banxa Holdings Inc > Bitcoin new ATH and Banxa gets rug pulled same day.
View:
Post by Vancity1 on Nov 19, 2024 6:23pm

Bitcoin new ATH and Banxa gets rug pulled same day.

This single day dump was a death blow to the stock. Any potential new entrants will have seen this on there watch list and be completely turned off and will probably delete it.. 

worst day to be rug pulled like this when Bitcoinnis making new ATH and the company is radio silent with any information to support the stock and help investors know what's happening. Dropping 40% in a single session is not normal price action and it's usually for a reason. Potential death blow #98 tomorrow ?
Comment by Vancity1 on Nov 21, 2024 1:59pm
That really was a death blow to the stock, momentum and the little confidence was just starting to come back. Good job
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