Today I’ll update what’s going on with DATA. Firstly let’s see chart since my last post about DATAcoin:
Source: coinmarketcap.com
Maybe you remember my post on Steemit on 27/1/2018. I’ll summarize it:
It’s obvious that correlation between DATA and BTC is very strong. Every peak or dip of DATA is accompanied by peak or dip of BTC. But watchful reader sees yellow line (which is DATA/BTC price) almost constantly falling (except peaking around 18/2). So what’s the reason?
News:
Source: trello.com
So it’s obvious they’re working hard and I believe they’ll achieve milestone 1 as soon as possible. To answer the main question of this article: The reason of price decreasing absolutely (in USD) and relatively (in BTC) is very probably due to the dissatisfaction of crypto investors and speculators as it’s extremely fast developing environment. So any delay in achieving milestones means price drop.
Writing this post me some time so I would appreciate your meaningful comments, upvoting or resteeming :-) I know how to reward your good comments, trust me :-)
Disclaimer: This is my opinion and everyone is fully responsible for their own investment decisions.