I am glad that many weak hands/bounty hunters sold their SOV at the beginning for 28-30$ price. I knew Sov will be something and bought it in the early trades, the price then went to 40+$ and came back to 35$ right now. Seeing the total supply, I will say the price is undervalued right now and will definitely pump when the full features of the project get started. I am just hoping that SOV is successful because we need this for the Bitcoin defi market.
I wonder what you will call those who sold at $3 - $5 even before listing on sovryn dapps, those i will say are the real weak hands, those who sold at $30 have gain a good amount for their effort, they feel thats enough for them so they sold, but they would have gain more if they consider to hodl and stake to earn more reward,
the whole market is in dip and sov looks very strong holding up nicely, this project will be big in no distance time, the first defi on bitcoin blockchain speaks volume.