$DOGS $SAND #Megalink

#mg8 Chart Analysis

The chart has declined towards the end of a converging pattern.

I anticipated a rebound and upward movement, but it fell unexpectedly to 0.033 before returning to its original level as if nothing happened.

Currently, around 200 million coins are in circulation, with a total supply of 1 billion. Since MG8 is only listed on one exchange, it experiences high volatility due to the limited volume at each price level, making it prone to sharp moves in either direction.

When analyzing MG8, it’s essential to consider factors beyond the chart, such as:

1. The progress and success of its Web3 gaming platform.

2. The potential for more exchange listings (there’s a rumor about an additional listing in November).

3. The likelihood of a confirmed partnership with Sony.

There may be other valuable insights to gather, but these are the known issues for now.

I’ll continue analyzing this MG8 coin. Follow if you’d like to see further chart analysis!