We are probably moving towards this price. Perhaps even lower.
What do you think, will the capitulations of those who believe in the metaverse furiously begin against the backdrop of the general hype about a year ago? If they start, then we will definitely fall below $2. But, it also depends on a mathematical algorithm called bitcoin. In any case, the price below $2 is probably one of the most profitable entry points. Also, frens, I'm sure you understand that this is not a dogma and the market can turn around at any moment. In crypto on bear market, the best strategy is DCA.
I think anything around $2 is an opportunity of a lifetime on RMRK, I buy daily - will sell again when people realise how amazing the technology is and Bitboy starts talking about it
Tropnik
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@KilianBoshoff, Yes, the technology is strong. But, if you think about it, it doesn’t make sense to use it everywhere, so empathically we can overestimate what we like or seem promising. The masses are irrational in their choice. By this I want to say that at this stage the project is closed on one person, who sometimes behaves not in the best way, like a capricious child. If RMRK specification is adopted at the level of EVM protocols, then yes, we can say that over time the binding to the person will go away and RMRK will go on a long voyage. Until then, be careful. Have a good day!
KilianBoshoff
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@hash414, Fair enough, nice pump over last few days.
Tropnik
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@KilianBoshoff, Yep! Good rebound. Just in time for the upper line of the descending channel. November and December are two key months. If we stay sideways and break the channel without falling lower, then the bear market for RMRK is over.