After falling from 0.14 to 0.08, the holders of a typical asset would already have scattered, but the number of on-chain addresses holding $LUMIA went against the trend and rose by 30%.
At the time, many people thought it was a slow bleed with no bottom in sight. Then, out of nowhere, decisive action followed: the community passed a proposal with 95% approval, and the foundation bought back the node allocation in full at $0.09, putting an end to the sell pressure from 18 years of scheduled releases.
Some people bought against the trend at the lows, and the official $0.09 buyback has now established a floor. Not to mention, the ongoing sell pressure over the next decade-plus has already been bought out. Given these odds, staying entirely on the sidelines and waiting for an even lower price carries a far greater risk of missing out than entering with a small test position.
#以太坊突破2500USDT #LUMIA $LUMIA
#LUMIA $LUMIA
👇
At the time, many people thought it was a slow bleed with no bottom in sight. Then, out of nowhere, decisive action followed: the community passed a proposal with 95% approval, and the foundation bought back the node allocation in full at $0.09, putting an end to the sell pressure from 18 years of scheduled releases.
Some people bought against the trend at the lows, and the official $0.09 buyback has now established a floor. Not to mention, the ongoing sell pressure over the next decade-plus has already been bought out. Given these odds, staying entirely on the sidelines and waiting for an even lower price carries a far greater risk of missing out than entering with a small test position.
#以太坊突破2500USDT #LUMIA $LUMIA
#LUMIA $LUMIA
👇