BTC rally seems to be over. What happens to FCT now?
Pump?
I dont see that. To tell u the truth, I do not even know what need to happen for FCT to pumps up again big time. Cause all great news seem to have no effect at all.
Its certainly strange that FCT didnt pump when good news was ann but I think its the case for most of the altcoins.
Maybe its all related to the bitcoins rise? Now that the price is settling and if M2 and exodus wallet will be implemented then I think we can see a good pump.
No one wants to let go of their precious BTC, many think it will pass 1k or whatever. It's just a pump and dump like any other altcoin experiences, Bitcoin is not immune. No real adoption or world usage, improved tech, good news, etc. Just some countries experiencing economic troubles and speculators going at it. It will go back to low 600s before the end of the year and settle around $650 (it would be another year of profit and growth though!)
Still I feel FCT should ve seen better result, especially since M2 s imminent and this grant has materialized. This has had no effect on price. This is why I ask, HOW COME? It doubled couple months ago based on nothing. Before that, it went up to 85 following ETH, again based on nothing. So when there s a real, tangible reason to go up, it does not. Where there isnt, the price skyrockets. Damn, if I understand crypto.
That's how they make money lol. They pump for no reason to liquidate shorts and make ppl fomo because they don't know why it's pumping and then they dump on amazing news so make ppl go crazy again. It's guerilla warfare and will never make sense in such a corrupt marketplace. That's why for now just find a good entry and hold.
I m not talking about pumpers and speculators. I m talking about REAL MARKET response to strong fundamentals. GOOD PRODUCT should be valued more and perceived as a good product after so many independent sources confirm it. HOW the fuck this has not happened yet?
