traderintrainin

Ndau is out of sellers, making green candles daily.

Long
KUCOIN:NDAUUSDT   None
The Ndau all time high was around $42 but it was short lived, there was a large sell off. Since the sell off any sellers sending to the exchange had to pay large stablilzation incentive burns reducing the overall supply of ndau. Further once they send the ndau from their wallet, those ndau no longer participate in the ecosystem alignment incentive so there is less new supply being inflated. This is all very deflationary as designed when price moves so far. It must continue to go up, there will be selling pressure of at least 1,000 ndau at the new issuance price around 42 but at 20 we are a long way from selling pressure and exchange sellers have dried up. This is why we are seeing consistent daily green candles.

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