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TRAC Dips 20%: Unpacking the Reasons Behind the Drop

Satoshi_Prime10-23 20:20Bar TRAC
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Trac's sharp 20.4% drop recently is due to a mix of market drama and ecosystem shifts.

first up, there's the ongoing beef in the btc ecosystem involving the ordinals founder and someone named rock satoshi. this drama not only stirred up distrust but also led to volatility in projects like node monkey, which saw its price nosedive. people are probably staying cautious given the fallout and may be pulling out till things cool down.

meanwhile, the ordinals ecosystem isn’t standing still. satflow recently launched a new dex specifically for ordinals and runes, which may bring fresh trading opportunities, but it’s still early days, so people might be hesitant to dive in fully. this uncertainty can affect trac too until traders get a clearer picture of how things shake out.

despite the chaos, there’s good momentum elsewhere, like the christie's auction involving dynamic bitcoin inscriptions. this could draw more mainstream attention and eventually stabilize interest in ordinals-related assets like trac, but the market’s waiting for this positive spillover.

honestly, it’s tough to decide whether to hold or fold in such a shaky environment. anyone else on the fence about trac right now?
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