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Re: xxxx post# 18584

Saturday, 01/08/2022 5:00:35 PM

Saturday, January 08, 2022 5:00:35 PM

Post# of 57240
OK, so I don't think the ath's here are linked. Sure the dates coincide, but when btc was having its run we were running on ShibaSwap release, hitting $2 Billion TVL and exchange after exchange listing us. Then we retraced. From Oct 27th till now we've lost about 69%, which is less than 1% a day from 73 days ago. We need to drop another 63% to hit .00000999. If we continue at that same pace we'll hit quinns by about mid April. Even if we double the retracement, 2% a day lost in value it will take about 55 days or so to drop to quinns, 5 zeros. Now, considering whales hold over 70% and are still adding at these prices, I don't see how it makes sense for them to start dumping as we head lower. Their holding for the next run imo. I'm not expecting Shibarium to be released by March or april. I was thinking more towards middle of the year. Back in September devs said it would not take a year from then. May would be 9 months from when they announced the layer2. Queenie said soon, hinting at 2nd quarter I believe. So, it's hard to say but whales are still buying and number of holders is still growing and apparently there are surprises still coming, so I personally think we could see some 1's, come pretty close to quinns, then the next run up. Although I would love the opportunity for quinns again, but I don't think it will happen. That's just me though and frankly, I know nothing. My assessments are not deep because I'm still learning more everyday. As far as btc I was gonna ask my friend over on DOT board what he thought too lol because I want advice about adding more dot now or waiting for btc to drop the market even further.
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