1. Reduces the interest in the space for short-term focused investors;
2. It also reduces the interest in the space for projects aiming to quickly raise money on hype and never deliver.
2. It also reduces the interest in the space for projects aiming to quickly raise money on hype and never deliver.
neither of these two are happening.
1. the short term focused investors have been flushed in the initial stages when they dumped it from $1500 to below $1000 and then they have been getting flushed ever since. now that price is in 2 digits range it is the rest of the bag holders who are giving up and leaving this token.
2. nothing is going to stop these people! they will always want a way to raise money and they don't care if the token they are receiving (ETH) is worth $1500 or is worth $50. because in both cases they are receiving free money.
