I knew it.
2k would have been great, but no.
Pity.
You people expect this coin is going to 2000 sats immediately? haha.
First the 500 sat buyers going to take their profit.
After that the 800 sat buyers.
Then later, the people who bought in at 1000> Those people will make the market.
Yeah pretty much. Especially since nearly 64% of the total supply was burned.
It's the old problem of supply and demand.
Even though 13 million of the coins have been burned, there still needs to be demand (buyers)
There is enough supply, because ICO investors want to take some profit and leave.
However, you need new investors to buy above ICO price