#MillionToken $MM

MM Token Price Action History and QUICK Take:

Ignoring the initial 1 dollar valuation to tradeable price, below chart shows the price gain up to 620% from around 5$ to 36$.
Similar to other token launch, price retraced up to 80% from 36 to 7 usd after the run up, in addition the FUD around DCF and CoinTelegraph may have added fuel to the price drop.
After making the first all-time high and retracement, MM entered into 4 days consolidation. #MillionToken
After healthy consolidation phase, a breakout from the last all time high, MM price surges to its new ATH of 729% price increase. At this point, the FUD around DCF and Cointelegraph has been subdued.
As expected MM entered into exhaustion of momentum, thus price retraced up to 80%, similar drop in percentage from the first ATH drop. One reason for this price is the LP issue which was taken advantage by bad actors to manipulate the price.
This however was mitigated by the community’s efforts to adjust the LPs in the appropriate distribution. $MM
If the cycle repeats, MM is currently at consolidation phase, however we expect this consolidation to be shorter due to the exponential growth in holders, new CEX listings, in addition Youtube and Twitter influencers are getting on board.
Soon we could be shifting to another bullish cycle and once the ATH is breach we would expect to make parabolic run to reach up to 1200 to 1400 usd per MM, based on the price percentage increase from the initial two run up between 600% to 700% from ATH breakout.

PS: NFA

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