As if to remind us all that we're not out of the gutters yet, GLX token has taken a turn for the worse fresh after there was some relief in the crypto market. Bitcoin hit $30K, Hive is still trading at 32 cents, and a copious amount of hopium filled the air but in all of this, there was no respite for GLX token holders.
GLX took one more step to the abyss as the price has fallen to yet another lower fractional denomination of a cent. For what it's worth, the signs were pretty glaring that this drop was coming but predicting it doesn't do much to alleviate the pain.
I still have high hopes GLX token but with each dump, there are rage quitters no longer willing to bag hold. For me though, it is go big or go bust and I won't be having anything in between.
If GLX token is going to zero, I will be riding it down to the ground and at some point, I'll even buy a couple thousand tokens for my collection.
At this moment, $6 affords you 1000 GLX token, so in terms of stacking volume, this might be the best time. Then again, I said that when it was 1 cent, we are today living in the 40% drop zone from that point.
The way I see it, there's not much to lose in this venture if you put in a couple of dollars. If you write regularly on Hive, for example, you could simply throw a couple of dollars towards the project and see where that takes you.
Pump the dip
I'm at this stage in my life where I desperately need a pump more than a dip to sort out our flight fare and other future costs. Due to this fact, selling now is absolutely out of the question and only a medical emergency could change my mind.
On a positive note, I've gotten quite close to raising the money for our flight and hopefully, we will arrive in August. We're still $400 short of my target but I'm hopeful that sales of things in the house will raise the money before the end of the week.
Anyway, GLX token is still in a very awful position that can only be fixed through an injection of hype and development efforts of the team. I certainly hope something comes around to halt this slump to ensure that we will at least have something to hold on to while we wait for the future good times.