Only 10% of the total supply is unlocked and in circulation. The project is trying to push price up to sell them in high price before token unlocks happen in late May.
There is a big unlock in May. The more token is released, the lower the price will go. Of course, the project owners will try to keep it high so they can make more profit.
Optimism is Genesis...
CHZ came from the $0.9 level to $0.25 in two months. I don't expect up move anymore.
Next high can be between $0.22-$0.23 then CHZ will go back to normal levels $0.15 - $-0.17
New high is 1800-1900
Then 1200
Market bought the rumors, after the merge is complete, the market will sell the news.
Fed's increase is inevitable. MtGox dump is coming.
