I think the market just got overheated, fundamentals haven’t really changed, see what happens next week, we’re still in a bull market, looking for a bounce ,or as @johnnyy says, a better buying price!
RE: MODE - early stage equity ($5m valuation)5 Dec 2024 07:44
Pedrobull - I believe KR1 have been looking at a main listing for a while, it’s actually the LSE regs regarding crypto which holds them back, however they have been involved in government meetings this year along with some other key players to address the issue, I’m unaware of what progress has been made.
What does it matter whether the markets are closed, the results will be the same so if bad then the price would tank tomorrow instead of today, in fact it would probably tank further tomorrow morning due to investors having more time to generate sale orders.
Obviously we're all hoping the results will be good (apart from Kreature, of course!...)
JBCo KR1 is about the only decent Crypto exposure offering, it is on AQSE due to dinosaur FTSE regs but can be bought on lots of exchanges (including Barclays etc) great company, loads of experience and currently very cheap relative to their holdings.
I did think we were talking about Solana, Solana with USDollars - an Altcoin, not a stock, very volatile and risky but has had a great run, could go higher in the next few months but remember nothing is ever certain so keep an eye on it and give yourself some form of stoploss.