4) Top 10 Holders control 25.06% of supply on a 50m market cap! This is fantastic. I don’t know of another low market cap that has such fragmented circulation. This is a very important point. Most 50m to 100m market cap token struggle to drop below 95% in the top 10 circulating wallets. At 2.7b market cap tokens like Sandbox has 83% in the top 10. Axie Infinity has 98% of circulation in the top 10! XRP... don't get me started.
Is it possible price action falls further? For sure.
Hang in there, don’t sell for loses. It’s smart moneys concept. ADR is high. needs to come down.
The_ForexX_Mindset
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This was your chance but Nasdaq had to dip.
without_worries
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@StockRuler, What dip?? Keep up!
PS, I see a breakout not a dip. 17k NASDAQ coming to a month near you.
The_ForexX_Mindset
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@without_worries@without_worries Nasdaq is back up but I see smart money and big money buying like crazy. Two things can happen, can burst 💥 or remain.
without_worries
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@StockRuler, What I've discussed with Patrons is a melt up before the recession kicks in. The evidence is all there on the large time frames. Cannot time the market, not my thing. The bigger picture however...
The_ForexX_Mindset
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@without_worries very true, I’m just judging it for short entry.
without_worries
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@StockRuler, wait until 28k then
The_ForexX_Mindset
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@without_worries should bull run after 28k? Meantime, up to 28k as of now, may take some time during recession or after recession.
without_worries
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@StockRuler, Yes a melt up from now. Everyone has got 'recession' on their mind like it is a bad thing. I don't know if many people actually know what a recession is.
Any time in history the dollar index has been bearish stock markets have rallied. The last 6 month candles is the most bearish that has ever printed in the history of the index. I do wonder if folks have forgotten the extra 40% of cash that was printed, it still has not yet been accounted for by the markets. 6-month dollar index,
The_ForexX_Mindset
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when US dollar goes up crypto goes down and when US dollar goes down crypto goes up. I hate going against my dollar but all I care is for my crypto to stay on track. None of these apply when a coin is in a bull run.