i look at it like this ....
If you have nothing in your back yard and just started to look for treasure, you're not worth much - let's say 50c.
You then start digging and find $1 coin in the ground, you have $1.50 [suddenly your value goes up 2x]
You keep going and find 2 x $2 coins, you have $5.50 [suddenly you are up 10x on your original 50c]
Get the picture? Don't just look at the recent % increase; it could be just starting.
As CNB keeps looking for treasure and finds it, further decent finds should put a floor under CNB price as it increases. The more it finds, the price should keep stepping up.
Lets not forget the tail winds of the commodity boom! 2022 set for a great year!
Not meant to be advice and DYOR
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2 | 9982 | 0.395 |
1 | 38990 | 0.390 |
1 | 11000 | 0.385 |
3 | 25000 | 0.380 |
Price($) | Vol. | No. |
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0.415 | 6388 | 4 |
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