After month of supply expansion there should be month of contraction. Adding to position is not wise yet due to negative rebases, patience is the key. I guess the minimum total market cap in this period will be around 320mil in the middle of august.
Trade active:
It looks like the total market cap has stabilized above around 450mil, which is a good place to start accumulate for the next expansion. I think the most of the negative rebases are already behind us and an exchange listing in the late august is going to trigger or bloat the new expansion period.
It looks like the total market cap has stabilized above around 450mil, which is a good place to start accumulate for the next expansion. I think the most of the negative rebases are already behind us and an exchange listing in the late august is going to trigger or bloat the new expansion period.