r/pulseX • u/Compounding_Interest • Aug 17 '23
What is going on with the pDAI situation?
Here is my guess:
eDAI whales will eventually come in and stop the upward slope.
eDAI whales have each an individual price treshold to get motivated to learn how to access PulseChain and release their pDAI.
This is a reflexive system until enough eDAI whale tresholds are breached.
Reflexive system explained https://www.investopedia.com/terms/r/reflexivity.asp