At this rate it doesn't look like we are going up anytime soon, looks like we could drop back to 5 sat soon. And maybe even further. I don't want this at all, just seeing the sell walls stacking up and taking out buy walls. Just stating what I see in the market and what I stated before. I wish we could get some new buyers into this, but with all the changes I think people are nervous to invest into more Verge. Once this all gets settled down with all the changes and we show we are ready to move forward I think the price will then increase, but it seems like until we are able to show the crypto community that we know where we are going we will be at these levels and keep coming down. I think all the new changes with new wallets and exchanges needing to be updating and delays are scaring investors.
I hope we don't go any lower and we actually get things moving higher, but as of now the market doesn't look favorable.
Personally, I see the constant changes, multi alg for example, as a sign that Verge is adaptable. In my opinion, the most negative price influence we've had in recent history was when Bittrex left XVG in maintenance for weeks. When the update came out and they opened the wallets back up, alot of impatient people started dumping, which caused the price to drop, which inspired more dumping, and we are still feeling the residual effects of that.
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