🧩 Apparently, if you're not a permanent Algorand moonboy, you're a FUDder now.
So just to make things clear:
I still hold $ALGO. I tweet about the tech, the adoption, the good news and the things Algorand does better than most chains.
But I also criticize what I think deserves criticism. Sometimes seriously, sometimes with humor. And sometimes I ask uncomfortable questions just to open a debate.
That's not FUD.
When you've been invested in something for 6+ years, watched it lose ~95% from its ATH, and seen questionable decisions, investments and money lost along the way, I think you have every right to ask questions.
Especially when the Foundation still relies on selling ALGO to fund its operations, salaries, marketing, ecosystem development, etc.
You can believe Algorand has some of the best tech in crypto and still question how the Foundation operates.
Those two things aren't mutually exclusive.
I don't want to be a moonboy or a FUDder.
I just want to be factual.
🧩 Why algorand:native pumped here precisely?
As I Love to say it, and you know it by now.... SUPPORT & RESISTANCE.
Look at the demand zone.
algorand:native went directly there and bounce from it.
This demand zone has been create the 11th October at 5am.
No you can see the resistances, green & yellow lines (50 & 200 EMA)
🧩 Here is another view of that Cup & handle. $ALGO
For the gamblers:
A little scalp long from that 50 EMA, yellow line.
It is not a coincidence that it's at the same level as the bottom blue line support #NFA
W&S
🧩 algorand:native - Bullish scenario
You are looking at the daily chart.
algorand:native is forming a potential Cup & Handle on the daily chart, with a breakout above $0.145 on strong volume needed to confirm the bullish pattern
🇫🇷 FLASH - Jean-Luc Mélenchon se QUALIFIERAIT pour le SECOND TOUR de l’élection présidentielle de 2027 face à Marine Le Pen, dans TOUTES LES HYPOTHÈSES testées. (Toluna Harris)
@Algorand@AlgoFoundation, please wake up and understand that X is an important and integral part of the blockchain community and investors.
You live off $ALGO after all, and like it or not, this is where 99% of your investor base is.
The fact that increasingly bigger accounts are posting below such nonsense just shows that outside the Algorand bubble, people do not know that Algorand is a leader in post-quantum.
That begs the question of whether they even know about other things.
PS: I get that some of them want to be paid to spread the news. Bite the bullet and pay them. This is too big of a narrative to miss. It will be a significant return, IMO.
@marcvl
@AlgoFamily I asked ChatGPT:
"5/10.
Probably tastes better than it looks.
Too greasy, messy presentation, and way too much ground beef relative to the sauce.
Looks more like loaded potatoes than actual chili."
🧩 algorand:native - Bullish scenario
You are looking at the daily chart.
algorand:native is forming a potential Cup & Handle on the daily chart, with a breakout above $0.145 on strong volume needed to confirm the bullish pattern