Jeez the desperation of people when their projects' tokens go down in price is really sad...
Guys, it happens. It's not "the whales", it's not a cabal.
$ETH is down! It's down about 30% from its peak.
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Easy to say Sam, but there are some great projects that are down 80% in 4 weeks such as $SXP. To me, this shows that it is still whales and the space still has a long way to go til it's mature
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It's also currently 400% up from the past 3 months... context of a bagholder.
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It's down since Binance acquired it. Lots of value bought to the table since then. If you genuinely don't believe that this space is ran by a few whales then you need to do more research. It's all whales and machines...
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wait that's just not close to true
SXP was trading way below $1 when the Binance deal happened
now it's at $1.50