Hi Serena & team DERO,
Apart from making a clear statement with Atlantis release that DERO prefers to go back to ASIC-resistance, is there a longer term business vision available for us, explaining how you will distinguish from all the other alts out there and bring volume/value ($) to the coin? If you look at the charts (go to
https://coinlib.io/coin/DERO/DERO and select YTD), we can't ignore there is quite an important link of volume and price with ASIC's mining which, if I assume, will drop significantly after the Atlantis release ?
I don't think it has anything to do with ASICs. Whales have been buying sell stacks raising the price dramatically for short bursts. This has been happening since Dero was 45 cents popping to 80 cents.. drops to 45 cents pops to 80 cents.. then when news of atlantis was coming in a month or so price shot up to around 2.00.. still seeing spikes from someone buying the sell stack. Its just whales accumulating in short bursts.
If anything the ASICs are the ones who are dumping their coins on the market trying to make their ROI on the ASIC in the shortest time possible. The Dero GPU mining community are more likely HODLers.