Telcoin is doing everything right. Banks, apps, V5, Paul on CNN. And yet, since the massive milestone of V5 two days ago $TEL has been UNDERperforming the market. Zero hype, zero interest.
Crypto has no logic...
@SuitedAk Sorry, I don't have the time for this. Ask your friend Grok what it thinks about your statement "If the global market tracker records $4.98M in transaction volume, that means 4.98M worth of tokens were bought." This is too basic and not worth 20 posts. Whishing you all the best.
@SuitedAk You need to be careful with these things if you have any money on crypto.
The $4-5m volume that you see is the total volume, buy AND sell. The price went up and then down to its previous price so there were about $2m buys and $2m sells.
@SuitedAk OK, here is the outlook.
-- About $2m purchase volume yesterday, second
worst in top 120 tokens
-- Price went up by 0.02 cents
-- Price is already down to what it was last week
You consider this to be meaningful move up.
I consider it nothing.
Happy to disagree.
@SuitedAk Who bought yesterday? Nobody. Buying volume was about $2m USD, the second lowest in the top 120 coins! Just 21 new wallets and the "spike" in the price... 0.02 cents!
I respect the fundamentals but the price action does not seem to care.
@SuitedAk There is no "depends". You said "the pump", I focus on the pump. This is it!
If you want to focus on the why, say that. Don't mix up $TEL price with $TEL fundamentals. I am one of the biggest supporters of its fundamentals but so far, this is completely detached from price.
@WoodswithWolfy Yes, you are wrong in every possible way.
A.Pumping the price just to see people lose money, makes you a mean and small person.
B. Thinking that you can pump a 100B token from $1 to $3 on your own, shows lack of understanding of basic crypto, finance, and simple arithmetic.
@HARA_JasmyCFO This is @HARA_JasmyCFO 's best post ever. For the last decade he's been living off $jasmy 's manipulations.
To scam thousands of people year after year is one thing, to troll them in their face on top of it, is pretty special. Well done, Hara-san... well done👏👏👏
@samuel_ric5149 You are now saying the same thing as me. Top 10 hold 50% but top wallet holds 35%. This can only mean that wallets 2-10 hold just 15% combined.
The amount of $TEL that you hold is irrelevant to the quality of your posts.
@ourcryptotalk@FortuneMagazine I'll do a search for the criteria that were used. How can $TEL not be in the top 100 when it sits at #120 and 10 of the tokens below it are memecoins??? This is not a market cap list but it must be a factor!
@samuel_ric5149 As explained elsewhere:
This argument (and the graph) is ridiculous and wrong.
The TOP wallet seems to be holding 35% on its own but that's the Polygon bridge, not a real wallet. The top 10 wallets hold about 10%.
How can you hold 25m tokens and not understand the basics?
This is the daily $TEL chart. It has been trading within this triangle for 1.5 years(!!) and this month it will have to break up or down.
Which way do you think? How much do we trust Telcoin?
Charts are useless in crypto but we can still have some fun.