What Happened with $Q ?
Last night, I shared an analysis with you when QuackAI started to rise. It was about how the rally wouldn’t last very long.
To be honest, I never expected it to reach such high levels overnight. It hit over 1 billion in market cap. This rally was, of course, entirely speculative.
It was most likely a move to capture the liquidations that had accumulated at these high levels. As I said, I wasn’t expecting such a sharp rally, but I clearly told you it wouldn’t stay at these levels.
It has now dropped back down to 0.08. My expectation is that, unless major players actually open short positions, it will continue to fall and eventually drop below even 50M. DYOR
What do you think?
Last night, I shared an analysis with you when QuackAI started to rise. It was about how the rally wouldn’t last very long.
To be honest, I never expected it to reach such high levels overnight. It hit over 1 billion in market cap. This rally was, of course, entirely speculative.
It was most likely a move to capture the liquidations that had accumulated at these high levels. As I said, I wasn’t expecting such a sharp rally, but I clearly told you it wouldn’t stay at these levels.
It has now dropped back down to 0.08. My expectation is that, unless major players actually open short positions, it will continue to fall and eventually drop below even 50M. DYOR
What do you think?
