Chia rallying on dust storm

As some of you know the chia network is currently being attacked by a dust storm attack and even though the attack is still progressing the chia token price has started to rally.

But be carful and don’t get your hopes up because unfortunately i don’t this is because any new surge of interest in chia, instead I believe its because some of the exchanges, like for example Huobi, have halted deposits so the large farms can currently not deposit their rewards and sell them.

I believe this coin has a future but I don’t think we will see any renewed interest until we have something on the network besides mostly empty blocks. Until then save your rewards or you might end up regretting it.

Examining the 1 or 3-month time intervals, it appears it’s only testing the upper resistance in a downward trend.