I have almost forgotten to write about this week, but we have seen some great reversal of the down trend among many of the popular rebase tokens. The last week, we saw BTRFLY soar and the same happened with TIME, KLIMA, FHM, and some other tokens. You can find all the numbers and stats and thoughts right here: https://www.ipaddressguide.org/btrfly-is-flying-again-and-followed-by-fhm-ohm-and-time-bye-bye-invictus/
But, does this mean that the downtrend might be broken and that is might once again be a good idea to consider an investment in the rebase tokens? Because, instead of buying at the top when the price of one KLIMA token was $2500, you can now buy KLIMA $20. And if the trend is about to turn around, then that might actually turn into quite a good deal at the moment, if you get what I say?
So, are we seeing a reversal of the downtrend? Will we once again live the happy days of the rebase tokens? I have no clue, but I am curiously paying attention to whatever is going on with them.
What do you think?
I would love to invest in many of these tokens at the current prices, but since I have already invested more on the top, I don't really want to spend more on that at the moment. Is that wise? Or is this an example of when you should keep buying towards the bottom,, and one day you will succeed, the reversal will come true, and you will get to break even faster because you have caught the bottom as well?