Post
Topic
Board Altcoin Discussion
Re: After 50% hike in Two weeks, Matic dropped 70% in Minutes
by
o48o
on 12/12/2019, 06:17:04 UTC
I thought that their team members just dumped the majority of their tokens and it is not the way it works. Matic has good potential, but if they have such greedy people at their wheel, it can likely end very bad for all.

I can't see having any potential with the fear of team dumping the token value with a flash crash in the future. No matter the tech, investor trust has been tainted by the team by artificially manipulating the price and that's hard to recover from. Hopefully their team at least can find a good use for that money. I am still thinking about shorting it if i find a right price range.