So what's up with the decreasing value of DMG? This is actually my first post on Zig Forums. Typically I'm reading only. Begin of the week was high confidence, but the value has been decreasing consistently for the last two days.
Can someone explain to me why people are seemingly losing their sure bet on DMG, and why it was initially high?
OOOOO, Look at that green candle. We are in another bear trap. Once we get the cex listing, we'll shoot right up to $2.50 and beyond. Followed up by another retrace until we get the new asset classes and aim for $4. $10EOY is not a meme, Anons. We're all gonna make it!
Juan Nguyen
people chase pumps. a lot of folks made a quick 3x on this, and now that the initial hype is over, are cashing out and chasing the next pump. Some of them might hit another 3x, most will probably not. The thing is though, is that dmg isn't like most other projects. This is a long term, top tier project at only a 50mil MC. its going to go up and down over time, but the overall trajectory will continue to increase for a long time
personally I'm waiting at least 3-6 months before a sell. We're still not even on CMC, let alone the CEX, and there a new asset classes to be announced as well. And so because all the week hands have been shaken, once as more news breaks its going to moon even harder than before because most people know this will hit at least $5 short term
Adrian Peterson
Lol stop you are making people lose all their money..
Asher Bailey
The project just started and you expect it $50m market cap, don’t be silly..
Jason Cruz
Don't worry - Cardano is here to save you. Because it's not a scam like DMG
Easton Thompson
I see, well that makes sense...thanks! I did read some stories on here about the fact that the value of DMG is linked to stolen cars? So I'd thought people lost their faith in this project.