I am waiting for 3k sats in the nearest 2 weeks. It's really the main level. If bears can hit it, then we can bury PRL
This market is very bearish, they could possibly hit below 3,000 sats.
I do not see the price recovering if it will hit 3000 sats. There are no investors who want to take part in the project.
That is your opinion but I'm not agreed with you this project already delivered their mainnet successfully and I believe it will take very strong position into this ecosystem because it has good solution. How you can say this nobody is interested in it.
Sure. They launched the mainnet. But there was no effect on the price. Instead of the price is falling.
I don't know if you have seen the price of other projects that launched their mainnet. For the majority of projects (if not all), the price plummeted after the mainnet release (for some even slightly before the mainnet release). That's because people know that the mainnet will be released and buy expecting the price to rise. And then, when the price rises, they sell it because they bought it on speculation (mainnet release). Not because they believe in the project.
For example you can look at EOS. At least, It has not fallen after the mainnet release. PRL was fallen about 30% after the release. That's a difference.
It is a disaster when PRL loses about 30% in price every day. There are several coins which can lose the same. But it is all garbage. PRL is not garbage, but investors are losing hope.
I am not a newbie in crypto. I just say that a good token can't lose 30% for 24 hours
