The market has been on a downward trend lately and just like every other time, folks will say buy the dip. That isn't even the issue here.
The issue is if that dip you're buying now won't start looking like a top when the market eventually turns green.
@waleswoosh If someone wants to convince you with a case study of $BILL, ask them how many tokens from the last 100 launches did an immediate pump like it
And the crime continues π
Another forgotten token $SWEAT just did roughly 800% in 24hrs. $LAYER seems to just be starting out seeing how it has done close to 100% in the past 24hrs too.
How long do you think this will last?
After what seemed like a period of down only, Bithumb/Upbit listing came today; and that shot the price up to $1. DCAing was the best play for this all along. Love to see that.
Here is what PROS chart looks like after most airdrop claimers and public sale buyers exited their position.
Chart bottomed at around $0.8 and seems to be stabilising now around $0.9.
Looks like a good zone to start a DCA to me considering Pharos also secured a valuation-based investment with GCL New Energy.
ICYMI, further investments in Pharos is tied to the token maintaining an average FDV of $760M three months after TGE and subsequent three months.
Also, with recent developments, I wouldn't rule out a Bithumb/Upbit listing over the next days/weeks.
NFA