what i ask myself:
will fifa use altcoin in the world cup? I don't think so! So why are people rushing to buy this altcoin? i honestly can't understand how people in this cryptocurrency market think, people run to buy this altcoin even though they know that in the world cup they will not buy this altcoin fifa is just using the altcoin technology and is not buying the altcoin itself let alone not endorsing people to buy that altcoin, so what is the point of people rushing to buy that altcoin?
Yeah, I heard this from some random tiktok account saying that Algo could hit big as it is the Fifa official blockchain partner.
However, it this is the case then what will happen after the Fifa, so it could be another pump and dump project? I would agree that in the beginning there is a lot of hype as well, specially in the bull run that we have in 2021.
this is another question, what will happen to altcoin when the world cup ends? also fifa is using the altcoin blockchain and is not buying the altcoin so it makes no sense for people to rush to buy this altcoin or am I missing something?
But since we are in the bear market now, who knows, maybe it's a good time to buy this project and wait for the next bull run.
News is that it went as high as +7% in the last 24 hours.
the entire cryptocurrency market has gone up, that's why this altcoins has also gone up, the prices of many altcoins are going up against the BTC - Altcoins pair