Ocean pumped on huge news (BMW/Mercedes etc etc) and then Binance listed it. Then Binance started dumping it's 26 million coins. As there's such residual buying pressure Binance is quickly getting emptied. However it'll need more to run an exchange and other listings are coming.
This is the same trick they try to use on Link. Namely accumulate before the pumps, then use the fall back to bleed the coin down.
However without sergey helping with 700k sells during every pump (Bruce and Trent are still buying - they've both confirmed this) this game will not last and Ocean will see a rising trajectory which will make Link's look like boomer savings account interest.
Ignore the FUD army which infest these threads. They tried to bring up the holocaust in a recent thread. Who knows where they're from but they do NOT want you to hold Ocean.
We think there are probably over 100 data marketplaces close to launch but safely under NDA. Every one will add value to the Ocean token. Trent and Bruce have targeted thousands of marketplaces and a coding community the same size as that of Ether.
What do you think that will do to the price?
Chase Campbell
Then there are the BMW, DHL and Mercedes/Daimler videos where THEY shill Ocean on twitter. All enterprises are deperate for a data marketplace and Ocean is the ONLY solution.
Even if a competitor came up with their own data marketplace it would still need to run on Ocean now. No one will challenge this.
Nathaniel Kelly
Binance probably had around 10M-14M coins, meaning that they are close to emptying out their wallet. Out of the 26M you have to consider the Ocean holders who deposited on Binance as well
Anyway, this will soon become irrelevant. Ocean is going to explode upwards in the next weeks.
Jose Richardson
Here's what we're looking at. An on and off ramp for ALL data.
If you go by this theory, then it looks like you have to watch that chart again. The whales are smart and they are withdrawing from binance after each buy, decreasing the possibility of manipulation from the exchange even more.
But i'm not sure that's the case. What I think is that cz/binance don't care about any projects. They just buy in advance and then they market sell for any profit. They don't care about fundamentals because they always have a new coin to ride. But that doesn't matter anymore because they are close to being at 0 ocean.
Time for data tokens and more partnership announcements...
Jaxon King
Let me put it this was. AI is going to be the future tech. ALL AI runs on data. As they're repeatedly saying in the EU now "Data is the new oil"
As for specific examples we have: healthcare - analysing data for better health automotive - self driving cars need data more than anything else shipping - data can serve to revolutionise the efficiency of freight and delivery on land, sea and air personal data - at present the biggest companies (think FB and google) harvest data about individuals and sell it. Ocean will allow you to harvest your own data and undercut the huge corporations. AND you can remain anonymous
Want more?
Grayson Rogers
*way
Joseph Cooper
Those on the cutting edge of data science are JUST getting excited.
Think how early you are if you're reading this.
Link at 14c is a comparison. Or more likely Eth at 80c
I think there’s limited upside from here. Another 10x if all the stars align
Owen Taylor
Did Ocean pay to be listed on Binance?
Luke Cox
Nonsense. You're limiting MCap to $1 billion?
This will blow past ethereum in a year or two
Ryan Richardson
I've got 3000 OCEAN. considering dumping 2 ETH more into it. hmmmmm
Luke Nelson
How is it going to surpass ETH? If Ocean runs on ETH network.
You had my attention, but with this statement I think you're just shit-shilling.
Connor Baker
who is bruce and trent?
Ian Sanders
These shills and fudders are all the same. Truths mixed with half-truths along with outrageous unsubstantiated claims all deliberately designed to lure in the victim to serve the hidden agendas of the author. Suck a dick op I’m not buying your bags.
John Ross
More than $3b worth of TUSD were emitted by 2 million market cap coin called OMNI.
You also forgot that Ocean tech will also run on Polkadot
The founders of Ocean. Trent is basically Vitalik on steroids after managing to drive Moore Law's with AI by solving manufacturing variations with Solido Variation Designer. He sold that software and company to Siemens, and it's now used by world't top semiconductor companies like tsmc and globalfoundries. Tsmc makes the apple bionic chips for example.
The world of computing was changed by Trent McConaghy (Ocean cofounder)
Ocean captures much more value from any projects it integrates with. data is pervasive to the running. Projects like Eth and Link have a lighter touch on the projects they work with.
Dominic Campbell
My bags aren't for sale. And I'm glad you're not buying. You don't deserve this.
Leo Brooks
Just eth and polkadot? I think more eventually. They've said they'll ensure Ocean will run on any chain.
Brayden Rivera
Like the shill who's blockchain lead at VODAFONE? :)
Well, the moment Ocean gains a parachain slot on the Polkadot network, it will be interoperable with almost anything by default