Can #Firo’s current price withstand the impact of the next bear market?
Calm dowm, my friend : we are just at the begining of that some are calling “bull market”.
Bear market and bull market are only speculationists concepts : cryptocurrencies (the real ones : BTC and Firo) are here for a long time. They are not for speculation but for investment.
Yes, Firo is here for a long time.
price always suppressed?
lol one thing I have learned in crypto is people are more concerned with making money and shilling meme tokens.
That said Firo is not a “meme token” its a utility based coin to protect financial transactions which is something no meme tokens are not about.
Most mainstream coins including "meme tokens’ are all surveillance coins which are actually helping influence CBDC’s (Central Bank Digital Currencies).
For example you look at other coins trending right now and tell me two things. One are they private or have any privacy features. Two is the wallet software open source?
You look at certain coins and many are only available in “multi asset wallets” like (ex. Exodus Wallet or Atomic Wallet). Many of these type of wallets only some components are open source not the full wallet. Even many non third party wallets are not open source for the trending crypto lol.
Firo’s wallets are all open source and the Firo’s sole purpose is privacy.
Lack of good privacy-conscious exchangers can be one reason.
Take a look at my post where I outline several issues with exchangers Exolix doesn't support official Firo network, issues with other exchangers
Yeah that could be one but the other reason would be places taking Firo for payment for goods and services.