A friend just asked me: “EigenCloud’s fee revenue has hit 5 times its usual level. Does that mean the price is about to go up? $EIGEN ”
Here’s what I said: Improving data is a good thing, but one data point alone doesn’t determine where the price will go. $128,000 in 24 hours is certainly a lot higher than the usual $25,000, but a single day’s figures could be due to one-off factors. I prefer to watch it for a few more days before making a call.
#EIGEN
Just jotting down some thoughts—make your own decisions about buying or selling.
Here’s what I said: Improving data is a good thing, but one data point alone doesn’t determine where the price will go. $128,000 in 24 hours is certainly a lot higher than the usual $25,000, but a single day’s figures could be due to one-off factors. I prefer to watch it for a few more days before making a call.
#EIGEN
Just jotting down some thoughts—make your own decisions about buying or selling.