A token's price can rise while its fundamentals get worse.
That's one of the most dangerous combinations.
Price creates confidence.
Confidence creates more buyers.
More buyers push price higher.
Meanwhile, the underlying problem gets ignored.
A rising chart can hide deteriorating fundamentals for longer than most people expect.
$GPS $TUT $HYPE
That's one of the most dangerous combinations.
Price creates confidence.
Confidence creates more buyers.
More buyers push price higher.
Meanwhile, the underlying problem gets ignored.
A rising chart can hide deteriorating fundamentals for longer than most people expect.
$GPS $TUT $HYPE