Post
Topic
Board Speculation (Altcoins)
Re: Oyster Protocol: TestNet Launching
by
kz103
on 14/01/2018, 17:48:49 UTC
Does anyone has a idea WHY the price dropped so hard today? I mean they just got their new website online and doesn't that normally lead to a rise?

I think it's just a normal correction. You have to remember PRL was less than .05usd in early December. It has had some crazy growth it went over x100 at its peak and is still x35 at its current price in a month. That kind of growth is not sustainable. People who were in early made great returns and are bound to want to realize some of those profits. It's just part of the growth cycle. It looks like the correction has settled around $2.

The new website is fine but wait for the test net and mainnet releases they are what really matters. I hold a good amount of prl and will probably be adding more at these prices. The next couple of months should be great for PRL.