Signs of something big accumulating PRL

Fried_Sushi
Fried_Sushi

Signs of something big accumulating PRL.
Not a finance guy, but look at the circulating tokens, 63M out of 108M are in circulation. It was around 30M a few days ago.

Look at the marketcap from the 12th to today. It doubled in size. I think the people accumulating directly talked to the people behind PRL and got a whole bunch of coins without shifting the price. So even though it looks like the price has been stagnant and not moving, something big just happened behind the scenes. Thoughts?

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https://oysterprotocol.com
https://oysterprotocol.com
LuckyDusty
LuckyDusty

@Fried_Sushi
unironically big if true.

shitcoins i trust long term:
PRL
REQ
KCS
LINK

FastChef
FastChef

really? no ones going to comment on this

Soft_member
Soft_member

@Fried_Sushi
actually confused
can you explain this to me- I can see that whales are pushing down price but how is mkcap increasing?

Evilember
Evilember

@Soft_member
The blue line got twice as big, and the only way for the price to stay the same is if the token supply got increased.

RumChicken
RumChicken

@FastChef
biz doesn’t comment on anything logical dw

StonedTime
StonedTime

prl is one of the few shitcoins with an obvious and actually practical use case, and one of the very few that i hold long term.

it also has a team of serious devs (ex google etc) and a relatively low market cap.

its pretty likely to x5 to x10.

Spamalot
Spamalot

@Evilember
could be getting listed on another exchange?

SomethingNew
SomethingNew

@FastChef
prl isn't being shilled by any of the discord groups. its smart money going in so biz isn't interested

Snarelure
Snarelure

@SomethingNew
Where can I find smart money discussion? Plebbit is way too slow, and biz is full of garbage...

RumChicken
RumChicken

@FastChef
for those who knows just observe and watch how this work itself out lol

eGremlin
eGremlin

@Spamalot
this is pretty likely. i would expect it on binance soon if its growth continues

BunnyJinx
BunnyJinx

@Snarelure
It could also be that CMC didn’t correctly report the marketcap in the first place, right?

Stark_Naked
Stark_Naked

@Fried_Sushi
Are you a fucking dribbling retard spastic? Coinmarketcap simply corrected PRL's circulating supply which was actually double what was reported on that site

takes2long
takes2long

@BunnyJinx
it might be that if the line is table, but it has ups and downs that match natural trading patterns which means infers that it refers to actual data

5mileys
5mileys

@Snarelure
biz has good discussions but you have to be aware probably upwards of 30% of posters are literally paid discord shills. just keep an eye out for coins that get mentioned, but not shilled to oblivion. then DYOR to see if they have a use case, reasonably low market cap, active and competent devs and any other possibly relevant criteria (good website e.g.).

biz, leddit and twitter are good starting points if you can filter out the noise.

kizzmybutt
kizzmybutt

@Snarelure
I wish we could form a group of people who aren't just spreading unnecessary FUD or hype. A group with members who have a basic good of economics.

Poker_Star
Poker_Star

@Fried_Sushi
definitely not cmc having fucked up reporting the actual number of coins in circulation

Thanks user, bought 100k

FastChef
FastChef

@Stark_Naked
yes anybody that is invested in prl or thinks it is a serious project is

CodeBuns
CodeBuns

@5mileys
Do you personally think PRL is a good coin to invest in currently?

BunnyJinx
BunnyJinx

@5mileys
Thanks bro. I owe nabbing XRB at 3.80 thanks to Reddit so I cant be too mad

kizzmybutt
kizzmybutt

@CodeBuns
i got in at 50c but kept accumulating during the recent market dip. I'm still holding because i expect it to 5x - 10x.

i think it has a lot of growth potential and is relatively unlikely to tank or stagnate long term given recent news.

i can't emphasise enough that i think its actually a good shitcoin and i will continue accumulating until at least the next pump.

Emberfire
Emberfire

@Fried_Sushi
i bought 20k prl at 4 cents and sold at 30 cents i want die

Deadlyinx
Deadlyinx

@Emberfire
so you're a day trading pajeet ae

Emberfire
Emberfire

@Emberfire
fuckers doing this right now selling at $2.50 lmao
all you fucking idiots never cease to amaze me

w8t4u
w8t4u

dumbasses

Firespawn
Firespawn

@w8t4u
whats wrong with the analysis? Seriously I'm curious

Booteefool
Booteefool

@Firespawn
he was referring to weak handed faggots selling on the dip right now lmao

lostmypassword
lostmypassword

why does my adblocker block oyster.ws

WebTool
WebTool

I'm guessing you haven't been in this very long. Coin market cap has a huge backlog of updates and that is what you are seeing with the sudden market cap increase. You really think they could update it based on private investments that happen overnight?

PurpleCharger
PurpleCharger

@lostmypassword
LMAO weak sauce faggot
testnet is not even live yet

iluvmen
iluvmen

@WebTool
nope, thats good to know though. It would make sense because thats a sharp increase

Poker_Star
Poker_Star

@Fried_Sushi
Jesus fucking christ... On the off chance that you aren't trolling, let me explain. Coin market cap had the wrong circulating supply listed. They updated it. That's all that happened

cum2soon
cum2soon

same thing happened with stupid shit like DBC, using this logic market cap went from 0 to whatever overnight after they updated

idontknow
idontknow

@lostmypassword
https://oysterprotocol.com

Turn it off

Spazyfool
Spazyfool

@idontknow
https://oysterprotocol.com
interesting. so they want to legitimize background miners?

Booteefool
Booteefool

@idontknow
you talking to pasta lmao

StonedTime
StonedTime

"Something happened"
Yeah cmc corrected their numbers you fucking tard

hairygrape
hairygrape

holding since 0,03 ct. will never sell one prl before dec

TechHater
TechHater

Coinmarketcap was misreporting the circulating supply for a long time. Their telegram has been announcing it like every half hour for a few weeks now. It finally got fixed.

Fuzzy_Logic
Fuzzy_Logic

Pic of welcome bot in telegram

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