Weekend market discussion, let's chat for a bit. The recent announcement of $BNB #Launchpool mining going live did not trigger a buying frenzy, and the coin price did not show any significant increase. It’s possible that after the last price surge of #Launchpool , the price quickly fell back to where it started a few days later, which may have scared some investors.
After all, buying coins for mining at such a high price is quite risky, and this time the mining price has already surged to the $700 range, which naturally greatly reduces its attractiveness to outsiders.
The last round of price stabilization at 650 lasted about 3 weeks, while it only took a little over a week to drop from the near 800 high point. If the timing aligns, there may be some movement on Christmas Eve or Christmas, although people will likely be out partying then. Hopefully, everyone has a great time! 🥳