RE: 3p by the end of the month ?22 Aug 2022 11:26
At this price-point with the FCA licence & steadily growing user-base I can only see upside. Mode are not binance - nor do they want to be - Mode are seeking to capitalise on the cultural adoption of a relatively new asset-class as becomes more mainstream to hold, store & use cryptocurrency to pay for things. If it's not mode achieving this themselves, I can see a bigger player scooping them up for the licence +implementation of the IP they've created + infrastructure with notable suppliers they've started to build. The risk / reward ratio at this point is 10x better than it was at 40p when it was attracting far more attention than it is right now... scoop & hold (even if you're after a relatively quick trade as there will undoubtedly be more quick/sharp bounces imo).