I sold mine before the dip. good riddance but I will definitely buy at the dip
2013龙王加密
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After soaring 72 times on the first day, it crashed 80%! Uma suddenly appeared in a death spiral of "pulling up and then crashing the market". Is the 6.2 billion valuation bubble actually a scam by the banker?
Peak at the opening The opening price was $0.062 and the private placement price was only $0.0075, which was a 72-fold increase! But it was cut in half to $0.03 in 5 minutes, which was obviously due to the dealer raising the price to sell. The exchange gave away 1,250 airdrop coins for free, and everyone was crazy about dumping the market. As a result, the trading volume plummeted from 430 million to 47 million, and no one took the orders. There are only 1 billion coins in circulation, claiming to be 1.7 billion. The dealers used 400 million coins to make profits at 0.03-0.04 USD, creating a fake market. The private transaction price over the counter fell from 0.028 to 0.03, indicating that the big players had already fled.
How big is the bubble? Based on locked funds, Huma is valued at $6.2 billion, twice as expensive as the industry leader MakerDAO! But its actual revenue is less than a fraction of its valuation. There are still 200 million coins to be unlocked in August, so it will fall again by then.
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