yea they dump their coins pretty hard from 10k down to 500sats - i'm surprise you considered that support. if that's how you understood "support" i don't know how twisted i understood it.
tell you what, it may dip down to the very minimum to around 10 sats to zilch. but i'm not gonna be surprise. thats how they support it.
Well that's how trading is. It's the same with the forex markets. Price dips then bounces back up. Even bitcoin had price dips. You'd understand that if you've been in crypto trading long enough, which apparently, your argument above implies that you are not.
You're comparing PSB to Bitcoin which already has a lot of history. Most folks in the cryptosphere revere bitcoin now because it's time-tested and is still continuously evolving. Pesobit is not even a year old yet so it will have a lot of stories to tell on the road to its first year, second year, and beyond. So expect a lot more challenges and improvements to pesobit.
You're too in a hurry for it to fail. That shows that by nature, you're a pessimist. Judging from your general activity, you frequent the Philippine boards so you're Filipino. How sad, a Filipino that isn't proud of his own country's crypto achievement. Stay tuned for more pesobit activity and when it reaches new highs, i hope you choke on your own words.