What do you think about this Gamecredits shitcoin? Will it go to 0? They are the worst coin I invested. Luckily, I didnt invest any significant money. Good vision on their start, too bad management without skills on the end.
It is not expected that many coins will fall very deep, maybe this is a very difficult period for all altcoins since the beginning of the previous year showed a significant increase but until mid-year it became a very deep decline, it is difficult to recover, in these conditions the best it will return to the baseline of the initial price, like the coin you mean I see a drop that is very far from the target, mostly discarded to secure money.
It seems like a huge drop from about 20,000 satoshis in April to 2,000 currently. But many other coins have suffered similar destiny, and this is to be expected when the market is bearish. The main point is, do the people behind Gamecredits have a long term vision about where they want to be. Are they working behind the scenes on practical solutions and publicly on promotion? If they are really devoted to their plan and vision, maybe it's worth sticking with this coin. Otherwise, given the huge number of similar coins on the market, probably not.
Nobody will survive in this condition, under conditions like the FOMO it will not take risks and only want to hold it until the market is fully recovered, and no one knows when the market will recover.