Nice point about how crowded the crypto space is. A lot of people think crypto is the silver bullet...it's not.
And the bleed off continues here until the next catalyst (just as predicted)
This would have gone higher than .10 if those holding large positions weren't selling as it approached .10.
Great timing as it was pumped a day or two before the run, about all of the wonderful possibilities/fantasies of selling the name for $100 million and the legacy, history and value of the patents (worthless). If these insiders and large holders weren't selling into the pop it would have run up a lot higher. Look at the volume that day. It doesn't take much to move this stock in either direction. Millions of shares were traded, so a lot of unloading happened during the rise. These guys will buy back in as it bleeds off and repeat the same cycle on the next rise, to mitigate their losses or exit their positions.
Stay tuned...hahahaha
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