Flare Price Manipulation | Growing Community Concerns
A group of users is increasingly vocal about who is controlling the Flare price. Heavy sell orders are keeping prices down, as frustrations rise on forums where many assert there simply isn’t enough buying power.
Price Dynamics Under Fire
Market sentiment indicates skepticism around the Flare Network. "No one is there, just no buyers," one participant claimed. This highlights a significant question about the actual demand for the token as users become increasingly doubtful.
Comments Reflect Growing Frustration
Sell Order Pressure: Users continue to report that any attempt at a price increase meets immediate heavy selling. A comment highlighted, "It’s so obvious—every time it tries to pump, it’s met with huge sell orders."
Liquidity Woes: Many participants express deep concern over ongoing liquidity issues. One user noted, "small amounts can move the market," showcasing the unpredictable nature of price changes in this environment.
Development Doubts: Some users are keeping an eye on upcoming releases like fassets 1.1. Comments suggest there’s hope for reversal: "Here soon there will be a breakthrough of the sell walls and it’s going to be a little nuts." Despite this, many still feel disheartened, with one remarking, "Never seen a blockchain project with less care or urgency."
"Where did I get my flare? How many people got flare in a similar fashion? There’s your answer," urged another user, questioning the overall interest in the project.
Community Sentiment Shifts
The mood is decidedly negative, characterized by doubts about the project's viability and control. Observations from forums reveal a genuine pressing need for Flare Network to step up in terms of development and address liquidity issues.
Key Insights
⚠️ Concerns Over Project Development: Many are questioning the strategy and pace moving forward.
📉 Market Volatility: Limited liquidity leads to drastic price movements from seemingly minor trades.
🚀 Anticipation for Progress: Users hope the project can still adapt and grow, with a dedicated community behind it.
As developments unfold, can Flare turn the tide, or will buyers continue to hold back, keeping prices suppressed?