150k buy order sitting on kraken for several hours now at 0.0053 ETH. Interesting amount since it is around what the burn rate per day should be...
Thoughts?
Yep, quoting myself..
I believe that was one of the first days of the burn and the recent growth is from the ongoing burn, which has also resulted in FOMO buyers. What will be interesting to see is post-pump...there may not be much of a dump bc of the ongoing burn of about $150k everyday. That is a lot of demand.
#TheBurning
Will be interesting to know why everybody else believes the price is going bonkers.