Even if they relist, this will be a difficult situation.
Sellers dont want to sell under 18-20 Cent Buyers dont want to spend more than 10-12 Cent
Considering that this has already a low Volume, this could lead indeed to a special situation. There is even more bad news for a relisting: There might be many desperate sellers which could bring a dramatic price drop. And this could lead to a domino effect that other holders getting in panic and sell too.
The only solution is that Animoca must relist with a incredible news at the same time. But looking at the development of NFT Tokens, Blockchain Implementation in Gaming and the low quality of their products like the F1 Game and the Quidd App, i dont see incredible news yet and in the Future.
I dont think that the Sandbox can compensate all the other products to let the shares rise.
AB1 Price at posting:
18.0¢ Sentiment: None Disclosure: Held
