Is the well-established clone launched in $BAND 19 still worth holding?
BAND has been online for 6 years now, and the last significant surge was during the last bull market with a 20-fold increase. It has now experienced a lengthy 3-year consolidation period, with low liquidity and relatively low market attention. The trapped positions above are quite serious, and many people likely got stuck at high positions in the last round.
The operators have not made any significant achievements【I personally estimate that they made a fortune in the last round 😅😅】. Without the acceptance of new operators, it will be difficult to replicate the last bull market's performance.
The new intraday high of 0.94 is a strong resistance level, and it will be hard to break through without any substantial positive news【Right now it's just a simple pump to offload】. If it can stabilize around the 0.94 level, it could quickly reach 1u. For this established clone, we should still focus on swing trading as a priority.
