The smart money has been shorting dash since 0.024
Watching that market cap collapse is interesting. I have my popcorn and am loving the show....
Counting the pennies clocking up
Dark coin is indeed a good sell now and perhaps a good buy below 0.01? What do you think? If you are able to get Darkcoins below 0.01 btc you most likely are able to sell it higher at some point... It might take some time but the rises seem to be consistent and sharp with Dark coin.... Monero chart is much more smoothier if you pull the all time chart. Perhaps the reason of sharp rises of Dark coin is some Masternode(s) want to join in the party....?
Dash was an easy short from 0.024 down to 0.0205 ish - now I think there is a dead cat bounce, then a further drop.
Monero is still light on the buy side (compared to 'normal') but it has gone up to a better level (about 1500 BTC stacked up). I am not holding Dash and will not - it's way higher-priced than is warranted, so even if I trusted the coin - which I do not - I don't fancy holding it.
Monero is looking better just now, it looks like the tide has turned a little. For the brave, it's looking a good time for risking another short on Dash, but it's not a safe enough bet for me!
I am hoping to see Monero back over 0.125 very soon, but it depends on BTC moves and the buy side needs to increase for it to happen. Look out for Polo rising a good way above 2000 BTC on the buy side with under 300K XMR on sale.
If the ETF fails, all alts may well benefit. I hope XMR does more than most, I suspect it might.