RE:Who is selling?This is the price of the unexplained quarter delay as compared to last year's repeated timeline. The general economic crisis across the west has finally arrived, I mean if total trash like Bitcoin is considered a flight to safety (however short term) then what chance does Promis have to attract new investors?
And there's no chance of China bailing us out this time so it's just print money until hyperinflation zero's selective greenback denominated debt, while switching to CBDCs. This is the logical end of neoliberalism, well this or literal scorched earth.
If you believe in Promis then you believe the technology is an asset which will maintain value even with persistent high inflation, but this is no safe haven for the CNBC and sports betting crowds.
JMHO, thanks for asking.