Season 3 approaching the finish line. Price holding steady around the 0.30 mark right now. Here's what I'm watching: post-airdrop correction could drag us down to the 0.20-0.25 range. Yeah, I know that sounds bearish and people will have opinions about it.
But here's the thing—there's a buyback mechanism in play. That changes the dynamics. Not saying we won't dip, just saying the support structure looks different this time. The floor might not fall out as hard as some expect.
Keep an eye on volume after the drop. That'll tell you everything.
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PermabullPete
· 12-13 15:12
0.20-0.25? Buddy, your prediction is pretty bold, but that buyback mechanism does have some substance.
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SelfStaking
· 12-13 01:46
NGL, this buyback mechanism does indeed change the game rules, but I still think the 0.20 line is a bit risky.
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liquiditea_sipper
· 12-11 19:11
ngl buyback mechanism this round still looks interesting, can the $0.20 level really hold?
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DiamondHands
· 12-10 22:02
Can the buy-back mechanism hold up this time, or will it drop again to 0.2 for a bottom-fishing opportunity?
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ForkMonger
· 12-10 22:01
nah the buyback mechanism is just governance theatre tbh... we've seen this plot before, always conveniently works until it doesn't lmao
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GhostAddressHunter
· 12-10 21:57
The buy-back mechanism is indeed sophisticated, but I still think the 0.20 threshold will be very difficult to get through.
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OffchainOracle
· 12-10 21:53
The buyback mechanism this time saved us, or else we would have had to sell off further.
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LadderToolGuy
· 12-10 21:46
NGL buyback mechanism might really be different this time, but I'm still hesitant. I'll wait until it drops to 0.22 before jumping in.
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MetaNeighbor
· 12-10 21:34
The buy-back mechanism in this move still has some substance. Not afraid of the decline, just worried that no one will step in to buy.
$ME current trading at $0.304243
Season 3 approaching the finish line. Price holding steady around the 0.30 mark right now. Here's what I'm watching: post-airdrop correction could drag us down to the 0.20-0.25 range. Yeah, I know that sounds bearish and people will have opinions about it.
But here's the thing—there's a buyback mechanism in play. That changes the dynamics. Not saying we won't dip, just saying the support structure looks different this time. The floor might not fall out as hard as some expect.
Keep an eye on volume after the drop. That'll tell you everything.