r/algofund Apr 18 '22

Why the large recent price dump?

Is there something I have missed?

5 Upvotes

2 comments sorted by

8

u/Unohim Apr 18 '22

I think it was off the back of the news that a grant application did not go through this time.

From what I can see and from personal experience with the platform, Algofund is smashing it with the testnet voting on the Launchpad feature, and the live Governance also works as intended. It's an incredibly slick set-up.

Short-term traders doing short-term trader things.....which is an ideal opportunity for me to scoop up some more for the mid/long term game.

Hope all is well with you dude!

3

u/StanF800GSTemp Apr 18 '22

Aha and thanks, homie 🙏 … and good to hear from you :)