DatChat is a very small cap company, with a 175 million dollars market cap.
It started at 3.95 and after 30 days it is 12.19(+210% gain in 30 days).
It has 16.3 million shares, yet the average volume in the past 3 days was 15.7 million/D and the price went up 55%, with this volume, price could experience crazy moves next week, Because it has no option..!
I do not recommend investing more than 1% of your portfolio in this small company!
Scenario 1: move to 15-17
Scenario 2: correct to 8.5 and then doubled
DatChat Inc. is a blockchain, cybersecurity, and social media company that not only focuses on protecting our privacy on our devices, but also protecting our information after we have shared it with others. We believe an individual's right to privacy should not end the moment they click “send”, and that we all deserve the same right to privacy online that we enjoy in our own living rooms. Our flagship product, the DatChat Messenger & Private Social Network, is a privacy platform and mobile application that provides users the ability to communicate and share with the privacy and protection they deserve.
Our platform allows users to exercise control over their messages and posts, even after they are sent. Through our application, users can delete messages that they send on their own device and the recipients device as well. There is no set time limit within which they must exercise this choice. A user can elect at any time to delete a message previously sent to a recipients device. In addition, users can delete entire conversations at any time, making it like the conversation never even happened. Additionally, our application includes a screenshot protection system, which makes it virtually impossible for the recipient to screenshot a message or picture before it gets destroyed.
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