Today I'm going to talk about our favourite coin, but the price moment is really concerning, and I am sure that many of you can relate to what I am saying about the coin and its price in this article. I was away for about two weeks since I was on vacation, so I did not get time to write anything, and now that I'm back, I will try to be active, which might take a couple of days again. Hopefully, you will see me acting like before. Vacation is very important, and I also do it a few times in a year, so it was a time for me to have some vacation time to get some relaxation and free time.
The current price is below $0.04 and it is concerning because if you see the price chart for last one year the higher price was about 14 cents and the lowest price is less than $0.04 so this shows that there is consistent price drop happening on the coin price And to be honest I don't know the reason why this is happening. one year is a long period of time And if this kind of situation is seen in the market it can surely impact a lot of investors and maybe new people also might not feel comfortable to enter in this market might not feel comfortable to enter in this market.
Some people say that the altcoins are badly impacted because many of the exchanges have started listing the US company stocks and this is what has encouraged a lot of investors to put their money on these stocks rather than crypto coins which is why the exchanges are making money but crypto space is not getting that much trading volume which is why the prices are impacted and this could be a valid reason also but I think we need to wait and watch how things are going to be and how this new change is going to impact the market in long term.
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