Can you believe it? The cronos community is making a comeback.
Cronos had experienced one of the biggest pumps across all of the big mcap tokens.
Ofcourse, there were a ton of tokens that experienced 2x-10x's that a ton of people had experienced.
A solid list of the above is attached below.
The most notable toke above is probably loopring.
The reason for their skyrocketing in price can be mostly due to the fact that the general crypto market had skyrocketed, and ofcourse, the majority of the market had experienced an influx of income that they could now spend. The holders of loopring had simply been one of the most impacted as a result of the recent market pump which had led to alot of users trippling down on their bets, therefor starting a domino effect where the price skyrockets as a result of increased demand over time and things of the such like increased popularity and their likelihood of appearing on major exchanges increasing exponentially over-night - or over the span of a month. It took a whole month for them to be recognized for their exponential success. It's kinda crazy to see, but they've literally doubled in marketcap and price per token.
Imagine riding a pump like that. Turning 10,000$ into 20,000$ and things of the like. It's incredibly unreal for something like this to occur to a ton of individuals, good for the whales. None of them are selling which is cool but this reminds me alot of cronos.
Cronos is extremely volatile right now because all the whales want to cashout; a direct comparison with loopring shows exactly why the market is down today. Everyone is cashing out their gains, driving the market even lower than it's supposed to go. People that got in late are selling out of a fear of further losses and nobody is buying in because of an abundance of fear; you guys should've sold when everyone was greedy because it's the perfect time to buy in right now. Watch the market go up tomorrow. I guarantee you it will. I've been in the crypto space for too long to the point where it gets pretty predictable.
That's all for today, I hope i've helped you understand what your options are and exactly what you can do from this point onwards.
Cheers.