Power Ledger made tons of big announcement before and that's why the price skyrocket during 2017 crypto bull run. But right now, many of there token holders already flip
there tokens and buy new potential token. You can see that on the trading history of POWR. The trading volume was tremendously decrease and the current price is a bit
below on the ICO price.
Power Ledger is a great project and have a solid team but the problem is the utility token itself. Project success can't drive up the Token valuation since the price
will be base only how will other investors valued the token. So if ever no new investors buy token then the value still the same no matter how much the achievement
of the project compared to Security Token that the company is obligated to distribute dividend to all token holders.
It's not bad to short trade POWR since it's price is a bit oversold when you view the overall chart of it. But always trade with extreme caution. I lose hope on all utility token though.