Gravity is an older crypto project that rebranded and launched a new network in recent years, but so far, the results haven’t been very impressive.
It’s also no longer being used on the platform where projects originally promoted themselves.
From a technical perspective, the indicators are pointing toward a possible decline. With a market cap around $75M, I personally think the project looks overvalued compared with its current activity. A market cap in the $10–15M range seems more realistic to me.
Because of that, I think a small short position could be worth considering — but, as always, it comes with risk.
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