/biz/ - Business & Finance

So that they could stock up at low prices

scams pump the hardest, newfag

bitcoin is 65% of the way back to ath and your shitcoin is only 8% of the way lmao

>>56926869
oh wait i'm sorry, make that 6%

>>56926813
nigger show me a single L1 that did not pump the last month or two

I bought $5,000 worth of this piece of shit for $1.85/token

>>56926869
what does this mean
no one buys at ATH

>>56927930
>what does this mean
It means we will see a 20x.

>>56927067
And you didn’t cost average down?

do I buy or sell

>>56926813
Zoom out faggot, it just went back at the price it was a few months ago. It's STILL 90%+ down from ATH. This shitcoin was around $1.40-$2 for most of the last bullrun when it was shilled massively.
Also threadly reminder that the foundation was bribed into unlocking the early inverstors coins at ATH (look up accelerated vesting) so they could cash out. You should keep that in mind, because what they did is clear securities fraud. I expect this shitcoin will be taken down by the SEC in due time, especially since Algorand Inc is incorporated in the US. You will see the same price action as HEX when that happens.

>>56929391
every coin is the same lmao
are you one of the people who only buys the top?

>>56929463
Didn't buy the top, but still lost a fuckton of money on this scam because I only researched the tech and I had no idea how corrupt it was.
I recovered all my losses riding SOL and AVAX, but I will always remember how much algorand screwed me over.

>>56929606
what if it passes both sol and avax would you feel different like you missed out

>>56929680
>what if

>>56929694
why not? the tech is still top tier and the bad tokenomics that were holding it back are near an end

woah, a 50% increase on your pennies leftover from the hyperdump. Fucking sage

>>56929715
70% pump is better than most alt coins right now

>>56929713
> the bad tokenomics that were holding it back are near an end
Highly doubt it. It is still overwhelmingly controlled by insiders and as I mentioned above, I expect the SEC will sue the fuck out of them.
And even not considering that, I just don't see a bull case for this coin. A ton of projects went bankrupt or left for other chains, the main wallet was "hacked" (most likely inside job), TVL is abysmal and propped up by governance funds which are soon going to run dry, no EVM compatibility makes it very isolated from ETH and ETH L2s where most of the liquidity is. It's just garbage all the way down. The people running algorand squandered whatever good tech they had to make a quick shekel.

>>56929995
This anon knows. I'm just milking this cow on Pact. Incredible yields. Simply not sustainable.

>>56929995
>That image

How do anons reconcile the fact that 99% of all crypto projects seem to be developed by anarcho communist techno utopians who go all in on the SJW shit?

>>56930457
i am also an anarcho communist techno utopian

>>56929995
when will lofty dump algo... it is easily the best app that uses algo