RE: bitcoin $400,00017 Dec 2020 15:37
MARA, RIOT, HUT, HIVE etc are seriously outperforming ARB. In fact HIVE is almost at CAD $1Bn Mcap now!
Ok so a few reasons why ARB hasn’t taken off yet to keep up with it’s peers stateside:
It’s listed on the London Main Market, ironically if it was listed on AIM it would rise faster as that would not mean stamp duty on purchases for retail and Robinhood masses. Another reason is the crypto sector in London is non-existent yet and investors simply don’t have the knowledge as the Americans and Canadians do, thirdly it could come down to a simple structural issue with supply and demand for shares. There are other examples such as GGP where the it’s price was stuck in a low range sub 2p for months before breaking out to become a multi-bagger.