And look at the cmc charts now -
They don't even have the angle of inclination but a sudden drop of price. Luring their investors, manipulate the price, get their cash and dump! What a disaster here!
They don't even have the angle of inclination but a sudden drop of price. Luring their investors, manipulate the price, get their cash and dump! What a disaster here!
That drop from $20k to ~$200 was part of their "financial engineering" where they issued 100 tokens per one held token theoretically to improve "access," which maneuver came with a matching markdown in the (manipulated) price.
Expect more Reverse/forward splits and other chicanery borrowed from the seedy end of Wall St: just bear in mind that it's all bullshit, there is no "silver and gold backing", simply a fantasy clumsily spun and, so far, with few victims.
In fact, I checked their prices before when they were just starting to be traded. I thought to myself that maybe they can really pull it off because I visited their whitepaper and there are parts on their document saying about the gold possession of their company. It seems so authentic at that time. But I think they are just good in duping their investors. I was already hesitant if a project is gold backed or precious metal backed because more than likely they are fraud. But what they presented on their whitepaper seemed so legit. I hope only few investors were got rekkt here.