Correct. Like I mentioned it's having a negative impact across the ASX crypto/blockchain stocks. If the tokens, coins and blockchain companies continue to get sold off on the crypto exchanges like I think they will, unfortunately IMO it will do the same here. Just wait till the mainstream media start banging on about the 'bitcoin bubble' has burst ( whether it has or not remains to be seen ) then it will have further negative impact on ASX listed crypto/ blockchain stocks. Fear and greed will make it run too high and sell off too low.
I would suggest going having a look at the charts of any crypto like Bitcoin, Ripple, Tron, Dodge, Ethereum, Verge etc and then look at the charts of our ASX crypto specs and tell me the movements are not correlated.
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OOK General CHAT & price banter, page-452
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14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $11.15M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 14.0¢ | $1.41K | 10.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 59832 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 10929 | 2 |
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