Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
Tehfiend
on 20/06/2017, 03:17:01 UTC


IMO many whales that are accumulating and early adopters that are cashing out have decided on a ~$0.20-0.25 price to buy/sell. Since the last rally, any time the price moves too much above or below this price, it quickly corrects back. That is the price point I decided to cash out 20% of my holdings back when it was below a penny. As soon as the early adopters are finished cashing out I'm guessing there will be another rally because there are no newly minted tokens entering the market from miners with electricity/hardware bills.