DOT's next move.

7月2日

DOT

I see a bullish divergence on the daily chart at an important support level, and people are freaking out about how they spend money :)

Sorry, but I trust what I see on the charts.

The only invalidation point is $4.50.

If you are still here, here are more of my thoughts...

So what if #DOT paid big influencers to promote their project? Every project does that; it's their marketing strategy. It's good that they are investing in marketing because, in the crypto world, the cycle moves really fast, and to keep up, you need to spend on marketing.

Many projects, including some of your favorites right now, have paid influencers. It's like the death toll shown on your screen daily during the COVID-19 pandemic, which made you worry every day. But in reality, the death toll was almost the same before COVID-19; it was just shown to you daily.

You never know how much #ADA paid influencers. Disliking the idea of paying for and buying inorganic distribution is misguided.