Do I am the only one thinking it's rising way to fast to be normal, and a giant dump will occur ?
When 9 comments out of 10 are bullish without any rational reason, there's good reason to be afraid.
It is common question now to find out the facts which are driving this market crazy. I sold my coins thinking it was normal pump but it seems that more and more money in being injected in this market. What is all about fork of which everyone is talking now? Will that work like Bitcoin forks to get some incentives in this as well ?
Finally someone here who takes a minute to think.
As I hold this coin since months, I'm happy, and I would be please if you're right.
But IMO there's a heavy speculation and there isn't enough reason yet for the price to be so high.
I mean, we still can do nothing with this coin except exchange it. Nothing less nothing more than this summer.
I wouldn't be surprised if there is the biggest dump in the Crypto history, and the price drop to 1800 sats.
For us, who have been around Einsteinium for over a year, this (price rise) is something we were already expecting. If it wasn't for 2 (and a half) BTC forks, price would steadily rose from summer's 3800 sat to near 9000 sat, at the moment. Whoever done own due diligence, realized that coin was deeply undervalued during past couple of months. It still is, imho. People massively realized that in past couple weeks, so even when BTC surged from $7000 to $9000, and $11000 later on, EMC2 maintained its price and, more important, its volume. After every surge, there was short period of consolidation (one happening as we speak), after which support was created at new highs. That is NOT manner of P&D coins.
A lot of great things are coming for Einsteinium in next months. Coin is a must have, and I'd add a must have keeper. Some people lost their faith and sold it at 2000 sat, waiting to buy more on dip... On the other hand, I've already convinced more than few people to invest in EMC2. Some of them are angry I haven't convinced'em to invest more.
Great potential, fantastic team who delivered whatever they promised (yes, I know there were delays, but I am rather seeing delay, that issue of faulty product. And they were brilliant so far. Whatever they done, was in favour of the project). With all of that in mind, just imagine what the price will be when more things from to-do list are done. Go check
https://www.emc2.foundation/#roadmap-section and then visualize yourself holding Einsteinium, when everything's done. I really hate those "to the moon" or "lambo" nonsense, but I can see whoever invest now, should start thinking of lambo's color.