whale selling
It scares you to hand over your ELF and then raise it to $5
Get out while you still can lol 😆
No! I can bro! Just asking if there any specific reason?
Over half a billion sold volume in a span of like hour yesterday, causing a 50% drop. And the pressure still goin. That's dodgy as hell, if you ask me
That’s specific
I have seen this happen many times with many top blockchains over the last 6 years. It is typically the team raising cash. The cycle repeats itself. But they have to be very careful how low they take it because this is already several cycles in for Aelf and comes at a time when they need users. Plus, it's too early in the bull run. So when the real pop happens for the market, they won't benefit as much.
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