Hi guys,
Thanks for the positive comments – very much appreciated, I will certainly be holding for a while now.
I have a few questions about these whales and this Wolong chap. I live in the UK, the price for 1 gram of cannabis is £10 ($16) – with a minimum spend of 2 gram.
CANN, which went live yesterday was selling at its peak for 16k satoshi ($0.06) per gram. I’ve read in this thread that a gram of Cannabis in the US is $17.
So licensed users were and still are able to take advantage of this ludicrously low price for cannabis, making a saving of over $16 for a gram of CANNdy.
You mean to tell me, these Wolong whale game of deception geniuses only managed to pump this to 6 cents per coin and left the market?
Doesn’t sound right to me. Why would they exit so low and why is the volume still so high?