Spectrecoin - has the ship sailed?
I was browsing a thread in /r/altcoin and many people were bullish on a coin I had never heard of caleld Spectrecoin.
I rushed to Cryptopia to buy some, but then FUD kicked in: - If you look at the historical chart you see a double top. the first top was at the end of June and the top the start of September. Since then, it has steadily gone down
- 95% of the 20 million XSPEC were sold in an ICO to investors. That means that 95% of the holders want to sell and there needs to be sufficient incentive to buy for the price to rise.
Because it is a PoS coin, I could conceivably buy it and stake it.
But all in all I wonder if this coin will ever see any new ATHs.
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