The decline in L7’s price on September 5th is significant and warrants further investigation. This decline could be attributed to various factors, including:

The price of JEFF has been relatively stable in recent months, hovering around the $2.75 mark. This stability is attributed to a number of factors, including the growing interest in the metaverse and the increasing adoption of blockchain technology. The metaverse is a virtual world that allows users to interact with each other and with digital assets.

This is because most exchanges that offer cryptocurrencies like Bitcoin, Ethereum, and others do not have a direct listing for L7. This lack of direct listing is a significant barrier to entry for many potential investors. The lack of direct listing also creates a challenge for L7 to gain traction and build a community.