🛑#ELRON Speculative Token!
There has always been too much speculation and hype about this token, the price of which has always been artificially pumped, by spreading FOMOs and the help from a large #Elron community, to $240 and even $540 its ATH, BUT which were always followed by dramatic collapses of -80% in 2021, and now -93%, fully justifying that $EGLD has no place in my portfolio.
One day this token will stay at the bottom under $10 and never recover!
📈 TA: #EGLDUSD
Look at the huge volume during their promotional period to boost the token in mid-2020 (and later in the end of year), but after that the volume quickly dropped to only have about 5% of that trading volume over the last 12 months!
There has always been too much speculation and hype about this token, the price of which has always been artificially pumped, by spreading FOMOs and the help from a large #Elron community, to $240 and even $540 its ATH, BUT which were always followed by dramatic collapses of -80% in 2021, and now -93%, fully justifying that $EGLD has no place in my portfolio.
One day this token will stay at the bottom under $10 and never recover!
📈 TA: #EGLDUSD
Look at the huge volume during their promotional period to boost the token in mid-2020 (and later in the end of year), but after that the volume quickly dropped to only have about 5% of that trading volume over the last 12 months!