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@DefiExplo

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Joined September 2014
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@DefiExplo
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@DefiExplo
2 days
@third_deviation @BaronofLoxley 1/25 And again 1/29
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@DefiExplo
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@DefiExplo
2 days
@third_deviation @BaronofLoxley Same thing happened a week ago or so before the massive liquidity grab and sell off
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@DefiExplo
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@DefiExplo
2 days
$algo another massive wick to .3 Every time this happened the price tanked Let’s see if it happens again Also the charts are decoupling from other chains they are not moving in tandem anymore to a degree
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@DefiExplo
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@DefiExplo
2 days
Ok first time it doesn’t get pulled down immediately SOL looks good Algo is holding Maybe ?
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@DefiExplo
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@DefiExplo
3 days
Some point, don’t think we are there yet as distribution is still ongoing
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@DefiExplo
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@DefiExplo
4 days
@blockedbyherbie Looks like it No strength at all and any signs if recovery is met immediately with strong sell pressure
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@DefiExplo
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@DefiExplo
4 days
@EnochEHX1 It will keep going down not liking what’s happening.
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@DefiExplo
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@DefiExplo
4 days
@EtherWizz_ @AlgoFoundation What’s bullish about it ?
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@DefiExplo
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@DefiExplo
5 days
@ChainGab What does this mean?
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@DefiExplo
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@DefiExplo
5 days
$algo that red candle is funny as if someone realized algo was breaking out of the planned scenario and smacked it back in line
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@DefiExplo
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@DefiExplo
6 days
$ALGO first time in a while i see uncoupling from $HBAR Also thought it was following $ETH but also breaking off $SOL looks like it could drop
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@DefiExplo
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@DefiExplo
6 days
Where does $algo stand here ? Could it be a candidate ?
@martypartymusic
MartyParty
@martypartymusic
6 days
White House crypto czar David Sacks @DavidSacks says first priority is stablecoin legislation. This means the networks which have $USDC $USDT and other US Treasury backed Stable Coins and do the most volume in Stable Coin will become exponentially more adopted, and their native tokens will become more valuable. As I said 2 years ago, Stable Coin volume will go exponential and only networks with massive scalability and which have deep liquidity will appreciate. Once stablecoin legislation is passed all consumer facing commercial payments including salaries will be on stable coin rails. The digital dollar will become legal tender in the US and become the currency of the internet. This will threaten credit card and point of sale intermediaries first, including banks, who will scramble to compete with stable coin consumer banking, but IMO: US Treasury backed stable coin in self custody wallets with DeFi lending and borrowing becomes the new economy.
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@DefiExplo
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@DefiExplo
8 days
Every massive wick Algorand sees the market dumps after Just happened again with wick up to 29c
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@DefiExplo
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@DefiExplo
9 days
The wicks and support was due to low liquidity and minimal leverage compared to the others So bottom line it’s still an irrelevant chain unfortunately.
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@DefiExplo
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@DefiExplo
11 days
Looks like groundwork for a big breakout for $algo Another massive wick
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@DefiExplo
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@DefiExplo
12 days
Massive wicks out of nowhere All crypto has them but $algo had huge ones Liquidity test or wiping out leveraged positions short and long for liquidity? If price does not hold I’m worried it will drop fast Otherwise something is brewing, maybe an announcement soon ?
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@DefiExplo
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@DefiExplo
16 days
$algo holding on to dear life on that 0.4 level
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@DefiExplo
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@DefiExplo
16 days
$algo liquidity testing ? Why do we see spikes in large orders and then followed with small sell orders ?
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