Hi guys what do u think about XVG price 42 satoshi good to invest ?
https://www.binance.com/en/trade/XVG_BTCi remember the last time XVG fall to 36 sat then explode to 70 sat
XVG almost hit the Max Sypply of 16 555 000 000 XVG current supply 16 142 493 559 XVG
and it have a good rank in coinmarketcap do u think 42 sat is a good price
to join this coin or its just another shit coin that can fall to 20 sat or less ?
I have not seen any sign of the growth of XVG in the near future. The halving event of bitcoin will certainly help the coins grow but XVG certainly does not make much difference. You can see the 1G chart of XVG at Binance, which seems to be a falling band after many weeks. Therefore, we should not speculate in XVG now, we should wait for clearer signals to avoid risks. instead of choosing alts with small marketcap, you should choose alts in the top 10, it is much more promising. such as BCH, TRX, Tezos, ETH, ...
It will not help XVG to get the bullish trend and the fact that XVG is still going to the bottom price. People are feeling tired to hodl this crap coin and that's why they are throwing it to the market and then put their money into the promising coins.
It's always become the worst decision to consider this as investment. I hope that OP will see that based on the fundamental of the coin rather than putting technical analysis as the priority to determine how good that coin is to be used as investation. It's a good thing to remind him about this.