Anyone who have recently traded or invested in Orchid coin will probably be feeling quite sour at the moment, it was trading at around 23p per coin when it first came to Coinbase then more than doubled in the first week followed by a massive dump bringing it down to around 27p a coin towards the end of December 2019.
If you were one of the unlucky ones who held on to this coin during period you will probably be wondering what the hell is going on with this coin at the moment.
Since the end of December 2019 to the end of Jan 2020 Oxt coin ( orchid) has dropped and dropped while other coins like Bitcoin Cash, Bitcoin, Ethereum Classic on Coinbase have made significant gains, Oxt has slightly risen at the same as the other coins but has been followed by a rapid sell off each time it dropping lower than before.
Bitcoin was around £5500 on 29/12/19 it is now £7197 on 29/1/20 Oxt was 27p on 27/12/19 it is now 19p on 29/1/20
Summary it's been a bad month for anyone holding Oxt coins and who even knows if this is the beginning of the end for this coin, It seems to be following the same patterns of coins the have dropped to little or no value.
At the same time it's now at a bargain price and someone to snap up and make a good return if it bounces back, it's a real dilemma.
