very good point. Yet, I don't think the amount of selling pressure through people who came in recently and blogged is enough to cause this huge dip.
You are viewing a single comment's thread from:
very good point. Yet, I don't think the amount of selling pressure through people who came in recently and blogged is enough to cause this huge dip.
Well, we have to look beyond a second layer token on a lower capped blockchain. This dip is at a macroeconomic level and it's really just driven out of fear. Most risk assets sold off and the DXY (Dollar Index) pumped, which generally makes most assets take a dip. Means people are into the dollar. Look at the USDT.D chart which is the USDT dominance chart. Says the same thing basically. But if you didn't sell before, I wouldn't now, lol. Let's be more logical about it and think about what the smart money is trying to do...
