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$FAR price spike and drop, what's happening?

NX42106-13 02:21FAR Bar
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The crypto market has been on a rollercoaster these past few days, with $far seeing some serious ups and downs. so, what's behind all this volatility?

first off, farcana is the only auto-burn play-to-earn game out there! this unique feature makes it really appealing for investors looking for long-term potential.

on the other hand, it's important to note that a lot of people think they're experts in tokenomics but don't truly understand how it works in reality. a few prominent online influencers have recently created some negative news about $far which led to a big sell-off by their followers. yes this caused panic selling as people are always afraid of making losses.

however if you do your research and check out who actually owns how much $far, you'll find that one dude owns a crazy amount! this means when whales decide to buy or sell large amounts at once (which they usually do), they're able push prices way up faster than normal distribution would allow ie larger swings than expected.


lots going on... i am extremely bullish after speaking with devs everyone is working super hard atm!
it's inevitable with utility tokens such as farcana {not inu shit meme coins} bear markets will happen - nothing new(finally we may see nfthub launching!!!)   i'll keep stacking 👍 i just hope others will too.
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