Honestly, I thought this kind had gone extinct with the dinosaurs! ๐
But there are still those who portray Jager as a once-in-a-lifetime opportunity, as if they haven't seen the chart since its beginning and where it is now!
Okay, let's remind people of a bit of history about this "great" currency ๐
๐ป Since its inception, Jager has been suffering from:
1๏ธโฃ Explosion in inflation: a currency with no maximum supply (unlimited supply), meaning the circulating amount increases every day, and the more the supply increases, the lower the price. This is not my opinion, this is economics.
2๏ธโฃ Its reliance on the Alpha Jager platform, which has not provided any substantial updates for years, just promises and "coming soon" that never ends.
3๏ธโฃ Price: From its historical peak years ago to the abyss, it has dropped by more than 98%, yet it still occasionally appears in some posts as if it will return to $10!
4๏ธโฃ Liquidity is nonexistent: On most days, you cannot sell large amounts without nearly dropping the price to zero. A phantom market, my friend.
๐ Unfortunately, some people still repeat the saying: "Buy on rumor and sell on news" or "When the market fears, intelligence starts buying" .. but the problem is that the news here ended two years ago, and the real fear is in continuing to hold onto a currency that no longer exists in the real market.
The jungle did not wait for anyone, my friend, and the real hunters left since the first winter โ๏ธ
This is the reality, my dear .. open your eyes..!!
#writetoearn #Binance #BinanceSquare
