As many of you already know, Coinweb's Mainnet will go live on September 30. That also means that staking rewards will be paid out to the stakers.
Many fear that there will be a dump because of the rewards being distributed, but there probably won't be much of a sell-off (in my opinion), because the ones who kept their staking bags untouched until now are the OGs who don't want to sell at this price, myself included.
The price has not changed for weeks now because everyone is waiting for this event to happen before buying, probably because of the fear of dumping even more.
This event should be a huge milestone for Coinweb and help regain the trust of the people who are invested. There have been a lot of delays for Mainnet, but I truly believe that September 30 will not be delayed. If for some reason it get's delayed, my trust for the team gose to 0.
Overall, I think that after the Mainnet, things will get much better for Coinweb and its price action. Some could actually ape in before September 30 because of FOMO. Time will tell. DYOR and stay safe, but save the date! Show Less