Hello Guys, few days ago there was a Tweet from the founder of the Tronix Blockchain Justin Sun talking about the new Defi project launch in Tron blockchain.... Oikos, he said he has no connection with the project and warn people to be careful with their investment, now oks price went really down after that tweet,
-Do you guys think this is the reason why price is down?
-And do you also think crypto space is very fragile even something as simple as a single tweet from someone like Sun is enough to cause damage to a project?
Please share your opinion.
Projects prices is highly reactive when it comes to news and this had been a thing here on crypto space where these info or sort of events cant really give impact.
If you do saw that the price had dipped after such denial that they arent connected then you can presume out that its the main reason why it submerge.
This is why we should really be careful when it comes to investing yet there are some good timings on when you should get in.