I forgot to mention that #nxpc is not going down much. I took profits on #spk, which is doing okay, with a 10% gain today, and I took profits there as well. However, #spk is very likely to break down further structurally.
But here’s a good reference for comparison: most new coins have a market cap of 50-60 million and a fully diluted valuation of 300-350 million. If we look at it this way, the natural buying theory might apply here.
Whatever works, taking profits is fine, and holding a moonbag is also fine.
Show original
7.29K
1
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.