Eek - another run on the bank - so to speak. SONG trading down to 303 sats.
Some people or someone is cashing in
I guess that means deals for others or is this more of a correction? Probably not enough volume to really make any analysis.
Really wish there were more buys to give this coin some confidence.
I'm surprised more people aren't buying at this price! I think this is a shake out/accumulation period. Whales are increasing stake. Not enough volume for mass sell off imo.
Well are there that many coins even available among the people (that aren't involved in the project)? The top 10 addresses hold 83% of the coins. That makes 1.8 million coins left among all the other addressees. But then if you look closer, many of these addresses were created in October 2014 -- with very few transactions.
Unfortunately the SONG explorer is out-of-date due to the lack of hash which moves the block chain round-n-round.