The last 3 weeks have been INSANE. The Guild Of Guardians pricing is WAY UP. My own portfolio is up about 115% atm. Cue my Maniacal Laughter. I couldn't figure out why??? It didn't make sense to me at this time.....
Why the increase? I was expecting these massive gains AFTER GoG announced the hard date for alpha launch. They have not announced anything for it. I'm still on the "late Q1 bandwagon" for when this comes out. They want this done right, they are not rushing it imo.
I have something coming up very soon, so I did some extra homework tonight before this pricing report / blog post.
There is definitely a chance I'm wrong and this was just coincidence....but "if" this was coordinated... and I believe it was...... I don't want to give away the secret sauce completely.
Some might take this as "manipulation", I don't. I take this as "they know exactly what they are doing" and that's a very good thing. You don't want someone running the economics that does not know how to keep prices strong. In addition to that, this also shows how dedicated the GoG community is to this project.... ill explain that in a second.
So without giving away the farm, if you know anything about liquidity, and how vital it is in this space for price support / growth......I invite you all to visit December 21st in the discord announcements channel. Then go look at ALL 3 categories of immuta scan in the official links section. There is a few anomalies here and there over the last 30 days.... but over all, the recent price explosion is tied directly to the MULTIPLE layers of liquidity and additional hype provided by GoG back to the community imo.
One could look at this negatively. I DON'T. Real liquidity backed up by a REAL PROJECT was injected into the community. A LOT of it. This could have been taken out and sold in the open markets. It WASN'T. It's my assumption a majority of this liquidity was reinvested back into GoG assets. There may have been several whales and possibly some Krakens involved also..... plus the synergy bonus of FOMO from everyone else watching this all happen over the last 3 weeks. I know my emotions were high recently... I was feeling the FOMO also.
This is Bullish. They know what they are doing. Some Aussie named Nick said "All love, and here's to finishing 2021 with a BANG!!!" Maybe i'm reading into that.... but it happened. A large BANG!!! They subtlety announced it, and then executed. BULLISH.
This all being said. (unpopular opinion incoming) I don't know how long this will last with these insane prices of late.... but it's feeling "parabolic" and that normally in this space is the sign of the top. I don't know how much liquid is out there that will be put back into this unfortunately. I don't expect an announcement any time soon for a hard date. If there is, this changes all this....... I do expect a retrace of prices soon. the volume today was WAY down compared to the last several. The prices are still up. Ppl are holding atm. Sentiment is HIGH. If the volume goes for a few days like today, I expect the retracement to start.
This is insanely positive overall. Even if a small down turn takes place, I expect the prices to go back up when a hard date is announced for alpha launch. We know what we hold, and the team in charge are MONETARY ASSASSINS.
NFA / NMA. Just my 2 copper.
-WT
