I've been watching the order book for a while. There's about 50k+ worth of USD at every satoshi level. The second the price moves up by 1 satoshi, another 50k-200k will be placed above there. I suspected some bot /whale manipulation for a while. While I was waiting for BTC's 5th wave correction, I came up with the idea that when this correction would happen, whales/bots would temporarily lose control, and the price would go up. The moment it happened, it actually went up from 404 to 424 satoshi. I do think it will be difficult to push the price much lower than 400, since it seems to have quite a strong resistance.
No matter what, I've worked in China, seen how they work, and how quickly they can grow (from 8-400 employees in ~2 years). While TronDogs seems like just a silly gimmick to me, it shows how quickly they can develop a working product. Other coins are developed by relatively small teams and make slow progress.
Chinese companies have certain weaknesses, especially with English communication (technical team's livestream), and copying stuff (no references in the English version of the whitepaper), but with the recent livestream it became clear that they will deal with these weaknesses by expanding their team with native English speakers in San Francisco.
It has a lot of potential. Looking forward to their progress, hopefully accompanied by a big price increase.
Good point, great response. I'm with you on the hopefulness! Cheers.
Speaking of the bots, is it just me, or did Tron, along with many other alts behave more naturally, specifically during that time that Binance was down?
Yeah they did. Bots probably needed to reboot haha