It had been trading in a range between .16 and.22 for months (red meme lines). Then, just a few days ago, it popped like 75%. Now it's getting crushed again, but that's just part of the alt bloodbath going on right now.
Does anyone know why it took off like that? I can't find any news or new announcements.
Anyways, usually when a coin moons of no news it's a fucking bullshit signal because it means someone knows something we don't and is buying up the coin. I think this project is really promising and could be a solid hold. Low market cap and lots of utility.
If it looks like bitcoin drama is on hold, and alts start recovering, maybe consider getting a small stack. Also it (so far) has a floor around .016, so it's probably a solid buy there.
I thought that was odd too. For a second I thought it might have been a P&D, but instead of crashing hard it just returned to the status quo. Still holding about 7k of this coin since I believe it can reach $2
Angel Johnson
who the fuck just ignores the btc price lmao
Justin Sullivan
L2Fundementals
Grayson Sanchez
It looks like it might be bouncing off an uptrend meme line...
It's hard to tell anything with the shit going on right now with BTC but I think this fucker is trying to start its engines
Josiah Jackson
It's a real project with an established consolidation range. The odds are it will moon to its former dollar high at some point.
Thomas Cooper
AH, thanks bro!!! That's at least something.
But the spike increase its market cap by like 75% on way-higher-than-usual volume. Do you think it was people reacting to the tweet, or insider buying?
Hunter Anderson
bagholders
t. bagholder
Julian Bell
it was the tweet, tons of speculation that it will get put on coinbase. I bought when I saw the tweet. I highly recommend a twitter account with only crypto shit on it. Fundamentals are the only thing you can count on in this space. Reddit,twitter,Veeky Forums read it all and get good at culling out the shit and you will be a Lambro in no time :)
Jeremiah Baker
DNT is another undervalued coin imo
Jack Peterson
Fuck that's a good idea, doing it now.Got a list of recs for good follows?
Brayden Anderson
go through coin market cap and add EVERYONE then add all the shills and all the suggested crypto people. The more info the better, also make sure to verify information and do not take one tweet at face value. There are exceptions like the ZRX tweet that was one I acted on gut feeling but I do not recommend that at all.
Julian Sullivan
Everyone in this thread has been memed on. The spike OP is talking about happened 5 days after the tweet
Sebastian Harris
Cool.
Hey there was some thread taunting 'Cryptotakeoff' a few days ago - is that you? What's the deal?
Elijah Brooks
It was a day after tokensummit
Joseph Cox
I write weekly Medium reports on Link. Holders didn't like it when I said that I had sold mine. They really didn't. Then they were happy when it mooned to 2800. You missed the boat! Hah!
Biz was the deal.
Aaron Cooper
Gotcha
Leo Long
Great project. Accumulate before Coinbase adds in 2018.
Brandon Miller
i have 30k, was thinking of moving up to 40 or 50k while its still doable
Aaron Jenkins
I'm new to crypto, just have 1000. Watched this presentation the other day... seems really solid.
