It was likely a fabricated tag solely for Crypto Twitter, conceived by early ICO investors. Something to rally a war cry behind.
Similar to the LINK Crypto dominance chart.
There’s a continuation head & shoulders pattern with a logarithmic target indicated.
Indeed, the token might increase in dollar value.
However, with 700 employees to compensate through token sales,
The salaries are excessive given the stagnant growth of token holders, and I must say, the decline in holders over the years makes it difficult to sustain the price/valuations.
If a #DEFI season was to occur, I would probably take advantage and unload old bags into the pumps.
Similar to the LINK Crypto dominance chart.
There’s a continuation head & shoulders pattern with a logarithmic target indicated.
Indeed, the token might increase in dollar value.
However, with 700 employees to compensate through token sales,
The salaries are excessive given the stagnant growth of token holders, and I must say, the decline in holders over the years makes it difficult to sustain the price/valuations.
If a #DEFI season was to occur, I would probably take advantage and unload old bags into the pumps.
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