$BTW price kept falling for the past few days, from $1.8-$1.1. Despite the fact that they have listed in #OKX (pers) as well as #aster spot.
This might seem to be a good news but they actually selling the news. It is a normal behaviour we seen often in the market.
Another reason could be the pressure of upcoming large-scale token unlocks and a highly concentrated token-holding structure which i have mentioned before.
It is on purpose to bring down the price first, let those unstaking tokens circulate in the market. As Most likely those unlocked coins will take profits.
Following that i believed it will pump once again as usual. So i am not worried about the
Price now. This is for short-mid term only. Long term wise i have no faith in this coin, as i always believe it will die off slowly after the hype is gone.
#BTW
This might seem to be a good news but they actually selling the news. It is a normal behaviour we seen often in the market.
Another reason could be the pressure of upcoming large-scale token unlocks and a highly concentrated token-holding structure which i have mentioned before.
It is on purpose to bring down the price first, let those unstaking tokens circulate in the market. As Most likely those unlocked coins will take profits.
Following that i believed it will pump once again as usual. So i am not worried about the
Price now. This is for short-mid term only. Long term wise i have no faith in this coin, as i always believe it will die off slowly after the hype is gone.
#BTW
