1) down 70% in one week
2) low volume dump facilitated entirely by small wallets
3) not one top 50 wallet has moved a token in 4 days (I took screenshots)
4) 20% more tokens are required to be a top 100 wallet versus last week--indicating accumulation
5) Simple, boomer tier working product generating actual revenues. July revenue is on track to roughly double June's. Linear growth.
6) Currently 5m cap. As far as I'm aware, they have the best P/E ratio in crypto.
7) Muh hashing function. Muh token not needed. Muh quant governify. Airspec and airbus are using VIDT, and not something else. The product has value. It's simple, easy to integrate, and the network effect is very real here.
8) Tier 1 exchange listing this quarter. Likely Binance, as VIDT just integrated Binance Chain for their validation API. And the 99k token -> binance transfer.
9) The FUD. Very few people go out of their way to FUD some obscure 5m cap dutch coin that does not effect their lives in any way. The price has been tanking for days, at the hands of (mostly) small to medium sized wallets. Biz has been dumping bags. Most of them have the intent of rebuying, and they want as good an entry as they can get. I sold at 150k vits as well.
At the very least this is a good for a solid ass bounce, but it'll definitely rack up a solid multiplier over the coming months. This isn't VeChain valued at one billion dollars and so can just bleed forever. It's a 5m cap retards. Helping out you bipolar emotional NEETs for once
now come the tranny FUDers who will spam the same generic bullshit over and over