dzoni893

ALGOUSD almost reaching the "top"

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COINBASE:ALGOUSD   Algorand
If you are "buying" based on the how this chart looks like your odds are terrible. You would chase 10-50% "upside" gain with the 95% "downside" risk.

Algorand is just another alt with some s*itty leadership and tokenomics, but if you ask me it's marvelous for the whales to ride the reversal wave. Even if its going to zero it will still bounce around these prices.

This chart and the news that SEC is suing Coinbase, Binance, labeling Algorand as security is equivalent to BTC being accepted by Tesla at 60k. What happened next ?
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