why o why does silk keep dropping?
There is not enough volume on exchanges, so price can be easily manipulated.
We're preparing a promotional campaign with an exchange, stay tuned.
A lite campaign is OK and good to get the word out that SILK is back and better than ever but I don't think we should stress too much about the prices. The shakeouts are happening to all the remaining weak hands which we don't need or want anyway. We want a nice distribution to people willing to stake their SILK.
I'm buying right now because I see the bright future SILK has but in order for the prices to really climb, we need to bring something new and innovative to crypto. We're off to a good start with a cleaned up wallet and a transparent community effort but that won't be enough. Buying SILK is an investment, it's not a pump and dump and it's not a get rich quick.
Quite true, and it also appears there have been people trying to manipulate the market with bots etc. It cant last for much longer
