Recently, the IMF has been injecting liquidity into the JOE vault. The last injection of 350,000 USDS had the JOE price at 0.02, and it later surged several times. This time, another 200,000 USDS has been injected. Could it be that JOE's Ponzi flywheel is about to start turning again? The IMF continues to add USDS to the lending pool to push prices, and the market cap has now surpassed 50M.
But I really hesitate to buy now; altcoins can drop without a bottom 😂. Moreover, there have been quite a few positive developments for altcoins recently, like Musk's endorsement of PEPE, which hasn't moved at all, and FET's repurchase of 50 million dollars has also had no effect on the price. The market feels like a dead fish; even kicking it won't make it flop around, it's immune to any positive news.
Right now, this market resembles last September too closely. I still hold the same view: when everyone is pessimistic, the opportunity might just arise.
Tinkering alone will never lead to opportunities. Follow me closely, and I'll help you discover tenfold potential coins! Holding top-tier first-market resources!
