good shitcoin, new paradigm
40+ sats is historical support, 20 sats is worst case scenario but seems unlikely... If this consolidation is a bearish triangle then EOSUSD can give some clues about what could happen when it breaks down
It was pretty disgusting when NEO dev team was hyping their own coin and were showing the price graph at conferences. Now that prices are so incredibly rekt it's starting to look like a lot of projects will just die. NEO is a good meme, hopefully it survives.
It pumps, it dumps, and it also consolidates. For each hype cycle it is reasonable to expect lower volatility because of increasing liquidity (=more market participants). Based on this I believe the bottom for stellar is already in, and we're simply waiting for BTC to move up.