As the final Airdrop is getting closer and closer (20th of April), expectations were that the price of $Onion will drop as people will be having no incentive to hold any longer. Investors were mostly hodling to get more $Onions during the airdrops (at least that's what most people think. Today the price of $Onion seems to say otherwise, just look at the chart below:
As you can see, $Onion has shot up by 22% in one day, this has not happened in a very long time. Two days back when we saw most of the coins rally, $Onion did not make much of a move. I was somewhat disappointed by its performance, but today, I am super thrilled that $Onion is recovering from months of beating that it has been receiving since the end of January.
Of course, we are a long way off from the ATH of January but I'm so glad that the bears are finally packing their bags to make way for the bulls that will hopefully take us higher than last year's heights. I am really optimistic that we will see some really good gains this year especially with DeepOnion as it is evolving and is becoming a power to reckon with on the privacy arena. Privacy-centric coins are the future as more and more regulations are introduced by governments.
$Onion is really undervalued and if you are looking for a promising coin to put your money in, you should strongly consider $Onion. As you can see from the chart above, the total supply is really low and the coin has a potential to go to hundreds of $$$ per $Onion. Check out the project at https://deeponion.org or join the awesome community on the forum