Sell $TATSU $70 - $8.6 in 2months :/
With the huge recent down trend and $TATSU reaching a recent low of $8.6 from its all time high and still unable to break the downtrend things do not look very good for this project.
On closer inspection of transactions they have huge sell pressure from a group of mev bots and arb bots which have been pushing down the price since there cex listing. On top of there tax bot.
The team have done some buybacks but this has just placed a temp hold onto the inevitable upcoming single digit price. Their reliance on influencers to give temp price boosts is not a good sign as a project should sell for its great features, which this project does not have. I think most influencers have already left according to their socials
The team may get subnet with TAO but i do not see this being a catalyst to boast the price of the project as it is very poorly executed and the Tao subnet projects have 80% had a huge decrease in prices
On closer inspection of transactions they have huge sell pressure from a group of mev bots and arb bots which have been pushing down the price since there cex listing. On top of there tax bot.
The team have done some buybacks but this has just placed a temp hold onto the inevitable upcoming single digit price. Their reliance on influencers to give temp price boosts is not a good sign as a project should sell for its great features, which this project does not have. I think most influencers have already left according to their socials
The team may get subnet with TAO but i do not see this being a catalyst to boast the price of the project as it is very poorly executed and the Tao subnet projects have 80% had a huge decrease in prices