This is a scam coin. The dev abandoned the project months ago (no project updates in months on their twitter...no news articles, nothing). The recent pump was from a paid pnd group...and when they dumped it 2 days ago...we saw what happened.
Get out while you can. There is zero use case for these coins. They are worthless...nada. The dev has moved his shady efforts towards a new project called Chainpoint.
These will go to 1 satoshi in due time, if Binance delists before then. Just trying to save anyone from more massive losses. This is where fundamentals destroy any amount of charting. This is a scam.
@ninjacookies, thanks for the information, I didn't know about that. But as you can see, this wasn't an investment advice but a trade set-up.
So no massive losses, only -12.33% of a small position and that's okay.
Get out while you can. There is zero use case for these coins. They are worthless...nada. The dev has moved his shady efforts towards a new project called Chainpoint.
These will go to 1 satoshi in due time, if Binance delists before then. Just trying to save anyone from more massive losses. This is where fundamentals destroy any amount of charting. This is a scam.