Despite having some solid tech and a vision for decentralized apps, EGLD hasn't seen the explosive price growth many had hoped for. Below are 3 reasons that have been holding the price back: 1 - MultiversX’s team has had to sell some $EGLD to cover operational costs and it's not a secret. This can create a selling pressure that can dump the price especially when market is already shaking.

2 - Rumors are that market makers could be holding the price down, either to accumulate more at lower levels or to stabilize the market. This could be limiting the kind of volatile spikes we’ve seen with other coins.

3 - I must say that MultiversX is lacking the hype. Despite the tech, competitors with bigger marketing budgets and more attention-grabbing partnerships have been in the spotlight.

That said, $EGLD has strong fundamentals and tech that shouldn’t be ignored. The question is, will these factors hold back growth for much longer? Personally, I believe EGLD is just waiting for its moment. The tech is strong, and once maket pressures ease, we'll see it bounce back. What's your take? Show Less