This doesn't look like a pump and dump. NEM will just rise and find a new floor at 2k sats
more likely 3k - 5k
Hmm, 733 sat just now. NEM is now the most falling currency from Top10 cryptos...does anybody know, why ?
no one knows. just daily p&D right now
I know why. Unfortunately I had to sell some NEM, because I had to add to my margin. The dump was with pain in my heart, but I had to. Hopefully the BTC ETF doesn't get approved so all alts can recover and I will be able to buy a lot XEM.
If ETF doesnt get approve now, this means all future altcoins who wants to have an ETF wil also be denied.
ETF approval is crucial for the cryptos to be recognized as a real currency
Even if there is no approval, all alts will go down because bitcoin will be down! So in both case, ETF decision will affect the whole crypto space in a negative way by falling of all alt prices
This is true, ETF is beneficial for all cryptos in general. Also, Bitcoin and alts are no longer negative correlated like they were long time ago.
