Trying to keep the price low is a bad mistake.
There's a rumor that 100BTC is ready to move in shortly. The 1.3BTC of sell walls will disappear quickly in no time.
There have been so many rumors about HKC. I did remember original HKC dev said that he was being approached by some companies... said that they were going to hold a virtual coin conference in Hong Kong Conventional Centre ... None of these come true.
Rumor is rumor. I never trust rumor!
Furthermore, the current coinmarketcap of HKC is only 4 BTC (409 millions at 1 sat). Why someone willing to pour in 100 BTC? Sound really stupid.
You can't figure that out? You really have 'newbie syndrome.'
All altcoins are built to pump and dump. They all get their moment in the Sun. HKC was so poorly conceived by the 'Dev' that it never even received the benefit of a proper 'country coin' pump. Despite that the coin lived on. At Block 100,000,000 there is another reward halving. The coin is distributed and new coins are getting rarer all the time.
Many people who are better at math and analysis than you (probably everyone) can determine a 100-200K floor can be reached with minimal effort.
Let's say Team HongKetoCoin were to establish contacts in chat with whales representing the pump syndicates of North America, Europe, and of course the Far East. Let's say these whales committed 50-60 BTC initially to pump the coin? You can imagine what effect that will have on the price.
Anyone who is selling at 1 or 2 Sat must be out of their frigging minds! The new logo alone is worth 15 SAT. The complete lineup of wallets is worth another 40 SAT. The strong social media campaigns and branding (everybody loves Bruce Lee and Westernized Chinese Kung Fu) are worth 800-1000 more!
You can sit back and sell all you want at 1 sat. You're one of the 'weak hands' that always gets shaken out before the big move.
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