Just take a quick look over the weekend: two sets of data for @Riverdotinc 🐱🌊
One side is $RIVER contract trading volume.
From the peak in March, it’s been steadily dropping; now trading is noticeably calmer. After breaking the previous low a few days ago, the price is still grinding slowly at low levels.
The other side is Conversion 3.0:
S6, Day 59: yesterday it converted 108,609 River Pts. The Actual Rate is currently around 0.004, still a bit far from the Ideal Rate of 0.01.
One looks at market heat; the other looks at the conversion of Pts.
S6 is only left with about a month. Keep observing whether anything new shows up next.
* NFA, DYOR.
One side is $RIVER contract trading volume.
From the peak in March, it’s been steadily dropping; now trading is noticeably calmer. After breaking the previous low a few days ago, the price is still grinding slowly at low levels.
The other side is Conversion 3.0:
S6, Day 59: yesterday it converted 108,609 River Pts. The Actual Rate is currently around 0.004, still a bit far from the Ideal Rate of 0.01.
One looks at market heat; the other looks at the conversion of Pts.
S6 is only left with about a month. Keep observing whether anything new shows up next.
* NFA, DYOR.
