Post
Topic
Board Tokens (Altcoins)
Re: [ANN][POWR][UPDATE] *** POWER LEDGER TOKEN SALE STARTS FRIDAY 8TH SEPTEMBER ***
by
Acubens
on 30/11/2017, 22:35:09 UTC
Quote

small pump looks like an exit pump.  I would expect it to drop back down and hover between 4-5K for a couple months.

(If you're talking about POWR)

That would be the case for the vastest majority of alts. You know why? Because they have no fiat backing. Once they are dumped, that's it. With a governmental backing that shouldn't happen unless the dumping is GLOBAL. And after today's +40% whilst even BTC was taking a beating, that's rather unlikely.