During the crash from Mai 2021
- Bitcoin reached a slightly higher ATH
- Some altcoins surged drastically until the end of the year (Shiba, Solana, Kadena, etc.)
- Most of the coins set only a retrace of their old ATHs (from 2021)
- Some went down without any real retrace
Klever ist an exchange token. Originally the clever App was TronWallet. As we've seen in the past Exchange Tokens perform very nicely. Kucoins KCS, Binance Coin, Cro, CHBS, Bitfinexes Leo something...
But... Klever is a totally unknown exchange, it won't perform like the "big dawgs"?
For example, Swissborg is also a very small exchange, look at its chart. It went down only at the beginning. As the bottom was in and measured from there it did 10'000% until peak.
The market gets up, the DOW Jones surges, and the inflation news is getting better.
Something is happening. Is it a new ride to the upside or a retrace? I don't know. But what I know is that KLV didn't do anything, and has a lot of catching up to do.
It reminds me of the "smart money" in Shiba. Seing a big surge, the only way was down for a while, accumulation, and boooom, up the way we go.
KLV is listed for less than a month on Huobi. And already 86% of coins are traded on this new Exchange. Before that only KuCoin was a major place to trade. And this cause back then in 2021 a surge of near 2000% in few weeks.
With another exchange, where most of the trade takes place (until now) I'm very confident of parabolic moves to the upside for a "boring" coin as KLV is at the moment.
Tell me what you think.