Thread by @ButWhenMoon

This will be multiple tweets.
$NEBL @NeblioTeam can 400x, but is a perfect example of what is wrong with the #crypto space today. Neblio is one of the most powerful & scalable PoS #blockchain ecosystems in crypto. But since they don’t pay for shills & hype you never heard of it.

The @NeblioTeam blockchain is literally the most developer friendly chain in all of crypto with the RESTful API suite offering SDK’s in 8 languages. They had a live mainnet & staking (+ cold staking) before 99.9% of the space. They only have 18 million circulating! Continued…

But the founder & team have a very strict “we focus on development” approach & refuse to pay for new exchange or generalized marketing - so they’re under the radar.

In addition to that, there’s a very unique struggle for $NEBL that actually isn’t their fault. Continued

In 2017, $NEBL was surging from their ICO & then the largest pump group - completely unrelated to the project or @NeblioTeam - chose them for BACK TO BACK massive pumps. This was at the top of the 2017 craze and the pumps were crazy. So now all these people started buying …

So all these people started buying $NEBL at these crazy pumped prices, which was the pump groups fault - not Neblio’s - and then those pumpers dumped tokens, early ICO whales took quick profit and dumped, and then the 2018 bear market started. So now, 2018 it looks like …

It unfairly made $NEBL look like this failed token when in reality it should have never rocketed to those prices $ only did so because of a massive pump group that created FOMO and then the above dump.

So ever since - there’s all these FOMO buyers who’ve been dumping (continued)

Ever since that price phenomenon in late 2017 that wasn’t the team’s fault, there’s been downward selling pressure on every breakout as all these old buyers of the $30-$60 top keep trying to sell for capital since they never cared about $NEBL or the project. But, the (continued)

But the team never stopped coding & developing and they’ve been grinding for 4 years now and have one of tue busiest GitHub’s in all of crypto, especially for their team size.

The circulating supply is only like 18,000,000. Eventually all of these old sellers will be gone (next)

When that old selling pressure is finally gone & @NeblioTeam finally engages is exchange expansion and project/token awareness - $NEBL is something that can run 400x to an $8+ billion cap (it’s only $24 million).

I’m not saying to buy, but it’s a very unique case.
#altcoin