👀 $STRK The price is decreasing day by day even though there is positive information such as the development of #Layer2 on #bitcoin or the upcoming #staking, what is the reason?
👉 First: The floor list at the time of market growth plus a good team, raising huge capital...so the price is high (overpriced) so the project just releases and collects money.
👉 Second: Because there are so many great products, many people are fomo and have bought a lot of $STRK , so MM has to push the price down to make people bored and release the goods.
Because many people hugged and the initial trust was great, it pressed on and did not release, so MM had to continue pressing until most people lost faith and let go.
👉 Third: Because in the past, people hugged a lot and prices dropped further and further, making people depressed and selling goods, causing prices to decrease and the more they decreased, the more scared they were and the more they sold out.
👉 Fourth: Because the market is down, everything is down. Only a few coins decreased slightly.
🔍 Here are some reasons I give for your reference. What do you think is the main reason? And is there any other reason why#Starknethas been searching forever and can't find the bottom?
And besides $STRK , do you have any other Layer2 $OP , $ARB , $ZK ?