$ONT 's capital flow is all about exit scams; this coin is practically getting swept into the trash bin.
Calling it a mainstream gaming coin is a stretch; it's only up 0.78% since the start of the year, sitting at the bottom of its category.
Why is the money fleeing so fast? Three deadlocks remain unsolved: no fresh narrative to bring to the table, the ecosystem is so cold that even yield farmers are ignoring it, and during recent major exchange promotions, its name didn't even make an appearance.
Don’t think that the current price of 0.05 is low enough; those jumping in now are just bag holders.
With a total market cap of just over $54 million and a 24-hour trading volume of only $9.2 million, this liquidity can’t handle any selling pressure. When the market is bullish, it just sits there like a deadweight; as soon as the market pulls back a bit, it drops faster than anyone else.
I'll put it this way: if it doesn't come up with something new in the next two weeks, don’t even talk about price increases; just holding above 0.05 is a question mark.
Don’t buy into what the community is saying about it being a value play; it’s just a pawn abandoned by capital. If you're thinking about margin trading, steer clear of longs; even a slight uptick is just an opportunity to short.
Have any of you ever held
$ONT ? What's the most you've ever been down?
#加密货币 #Web3 #ONT