As the price of
BTC continues to rise again the price of
CRCW one of the first crypto companies on the OTC and an OG in the space began moving again. The company, which the CEO purchased 31,000,000 common shares about 2 weeks ago has been quiet for some time but recently began dropping filings again. The anticipation of what could be in store has brought traders back to take another hard look at it.
The potential during this next bull run is massive imo. The company which currently has an O/S of 450,000,000 with 67,000,000 restricted as of recently in December and a 12,000,000 float as of March 2023 has never had a R/S in its existence and had one 10:1 Forward Split several years ago, which makes this entire situation even more bullish.
Obviously there was some dilution along with the usual traders dumping their loads on the last run, however it seems the dilution has dissipated once again and it is now ready for round 2.
PPS goal on this round is to break the last ATH but with a more consistent and steady run up.
The potential during this next bull run is massive imo. The company which currently has an O/S of 450,000,000 with 67,000,000 restricted as of recently in December and a 12,000,000 float as of March 2023 has never had a R/S in its existence and had one 10:1 Forward Split several years ago, which makes this entire situation even more bullish.
Obviously there was some dilution along with the usual traders dumping their loads on the last run, however it seems the dilution has dissipated once again and it is now ready for round 2.
PPS goal on this round is to break the last ATH but with a more consistent and steady run up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.