Rumors about AR's recent market crash

Since the beginning of September, there have been large transfers to OK and Binance on the chain, and it has not ended yet. The price fell from more than 20 to 17, and then rose to 24, and the current price is 22.

It caused a lot of discussion in the Chinese community, and someone even created a group called "AR project is shipping?" and said yesterday that the group owner had cleared the warehouse and disbanded the group.

Judging from the information on the chain, it is likely to belong to the team, and a small probability belongs to early investors.

From the market perspective, the price fluctuations during this period are relatively large, but the market depth and trading volume have greatly increased.

The current project party has not made any response.

But there are various speculations in the community.

1. The project party sells coins and turns them into DAI to mine AO ​​on the chain.

2. The project party sells coins to pay for various project party operating and development expenses.

3. The project party may sell coins on Coinbase.

4. It is possible that this part of the tokens belongs to members of the early team, and they have left now, and then they sell the coins as soon as they get them.

5. The project owner sold the coins and ran away.

6. The project owner sold the coins in advance to reserve funds for the later launch of AO.

Many people still believe in the project owner. After all, the project has performed well in technology research and development, market development, community operation and ecological development. The price of AR has also risen from less than 4 US dollars last year to the highest point of 49 US dollars this year.

Judging from the current number and frequency of transfers to exchanges, it will probably be fully completed by the end of October. After the end, the AR project owner should still hold more than 10% of the total AR.

From my personal point of view, the continuous investment of the project owner and the continuous development of the ecology are the most important. The change of chips will not stop. Now there are a lot of funds from different cryptocurrencies that want to come in off-site. If the chips of a coin are too concentrated, it is actually not a good thing.

The characteristic of AR is eternal storage. This is the only project in human history that has realized the concept of eternity. Just remember this. Non-investment advice. $ETH $AR