I’ve been invested in MultiVAC from the beginning, I was one of the first holders and one of the first to stake. (Still not un-staked a single coin).

The last 2 years on the whole have been brilliant with key milestones over the course of it seeing the price of MTV rise substantially, especially over 2020 and even after the April capitulation in 2021 we still went and made new all time highs.

Frank leaving is obviously a shame but not the end of the world by a long stretch, Shawn has always been the face of MTV right from the very beginning. The handling of Frank leaving though was very poor and poorly communicated hence the sudden price drop. The day Nodes were supposedly operational and MultiVAC becoming fully decentralised was a blow, more of a blow than Frank leaving for me personally.

MultiVAC’s price reflects the stage of where the project is current at and what you’d expect from a project with no Roadmap or solid indication of direction.

That being said there are many charts out there even within the top 100 that look a lot worse than MultiVAC’s currently. A bottom is hard to judge mainly because of the uncertainty within the project and Bitcoins current correction but we are still to test the bottom of the fib channel/trend line.

Hopefully we see a bounce in 2022 and fingers crossed it’ll be the year we finally see the light.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.