Re: [PHR] PHORE BLOCKCHAIN - Private Decentralized Marketplace & Ecosystem. POS/MN.
Yesterday the price of the Phore (PHR) coin dropped to $ 0.15 USD.
Is this due to delaying the announcement of the marketplace?
$ 0.161936 USD (-3.93%)
0.00001522 BTC (-7.43%)
About 95% of the coins dropped in deep red yesterday
When it's raining, we all get wet.
PHORE coin dropped in price from $ 0.34 to $ 0.15
This drop is more than 50% and the fall may continue as the launch of the marketplace has been postponed for 1 week.
At the moment, the price does not depend on the marketplace. Now the price is formed by the general state of the market and the price of Bitcoin
Judging by the orders for IDAX, the price is manipulative. In many ways, stock bots form the price of a coin, not the supply and demand of traders.