Mar. 19 at 4:25 AM
$ALTS $WLFI.X It looks like the response to the Super Node price of
$53M plus 2% staking is tepid at best. No surprise. So guess what Eric and Co. will do in the weeks ahead.
They'll post a vote to release 20% of the locked up tokens knowing well that the caged 'animals' will agree to the release and in turn sell their tokens just as soon as they receive them.
When they do, the token price will drop (most likely before they even get to sell any) to a nickel and maybe less.
Guess who will be on the buy side?
Yup, the same Super Node buyers who were complaining that the
$50M price tag was too high. With this scheme they'll get in at half price and at the expense of the ticked off lock ups.
The good news...
These 'animals' will be long gone and replaced with long term holding whales.
