How many examples are there in crypto history of a legitimately dead coin coming back to life, finding volume, liquidity, price support, whatever.
Egretia was the most obvious example and I remember RDD (Reddit coin kek) during the 2017 golden bull run. What are some others I'm missing?
I'm curious if they are all caused by these kind of freak events like VC mega pump or John McAfee shilling, or if any ever turned things around through a more normal approach.
MVP (Merculet) went up quite a lot at the same time as EGT.
If you look at all of Krypital’s projects, they got tier 1 listings and did a multiple from ICO. During 2018 they switched off market making and let the whole thing crash. I assume at that point they began slowly accumulating the absolute bottom.
When they controlled enough of the supply they used remaining funds to pump it like crazy, knowing they held enough of the total supply to avoid being dumped on.
Them being on OKEx at the same time basically guaranteed a ton of idiots would FOMO in effectively subsidize their token buyback.
pic related
Raiblocks aka Nano
What happened to it? Aside from pump I guess
Nothing. It's still dead and will stay dead. Nano shills are full on desperate after DCAing away their life savings on this centralized shitcoin.
But what caused the initial pump is where I'm curious?
How did Egretia come back?
Never heard of it before. That x100 in my 2019 doe
The speculation bubble. Any alt you were holding in summer 2017 did almost 100x at its peak in Jan 2018. That's all retail FOMO though - gonna be hard getting gains like that till BTC breaks ATH. Not even worth pursuing really.
see Same VC did those projects. Same shit.
The only one after the bubble of 2017/18 I know of is EDGE/DADI went from 26M to 2.3M and has reversed the trend and has gone back up to 6M (right now around 5.3M). Now that is still way way far from ATH (which is also the ICO price kek), but its the only token I know that is rising from adoption and improving the brand/products and not some exchange pump or other short time, scammy event. I would say it has at least a 3x-5x in it, as the major events are all lined up in Q4, starting with node self-onboarding end of august.