MF1, a previously highly volatile token for a very promising NFT platform, was one of the most consistently decreasing assets since mid-February – the first large red candle then attributed to the Russian-Ukrainian conflict.
As the whole crypto market was unable to reinvite investment, such new and small projects –of course– have the least opportunities to recover.
An unsurprising decline in new investors may be connected to the lack of communication about the progress the team makes passed the time until the effects of Luna hit.
Another steep fall made MF1 –which still can only be traded on Bittrex– close in on zero. Although there are still numbers below the current levels, in early June the trendline was finally crossed so we may see some upward movements, but if not, let's see whether this level holds.
As the whole crypto market was unable to reinvite investment, such new and small projects –of course– have the least opportunities to recover.
An unsurprising decline in new investors may be connected to the lack of communication about the progress the team makes passed the time until the effects of Luna hit.
Another steep fall made MF1 –which still can only be traded on Bittrex– close in on zero. Although there are still numbers below the current levels, in early June the trendline was finally crossed so we may see some upward movements, but if not, let's see whether this level holds.
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