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A falling Knife...
CryptoMaster66
$LAB Reality Check
LAB has fallen from around $24 to nearly $0.50 in just over a month. This is a huge drop and another reminder of how quickly hype can disappear in the crypto market.
If you remember, I shared short setups when #LAB was trading near $20, warning that the rally looked overextended and that a major correction could happen at any time.
The market has now confirmed that view.
I'm also watching $SIREN closely. If the price continues to move higher, the $0.14 zone could become an important liquidity target. It may be worth keeping on your watchlist and planning your strategy based on your own risk management.
Always do your own research and never invest more than you can afford to lose
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Last month OFC price during claim was about 0.04, way below investors entry point.
This month during claim was even less than 0.02.
I can't help but think that, for a project that has stayed around for years and has so many giant football backers, the price of the token doesn't relect that In any way. Even at the peak of the football World Cup season, the token is still performing poorly.
Are the founders really putting in enough effort? Progress in project plans, doesn't mean that it will bring maximum satisfaction to the users and stakeholders.
What's the way forward One Football? #WorldCup
OFC-10.62%
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