Very similar to SURGE, STRC is a microstrategy product that launched at $90 and is intended to have a floor / par value around $100
It has slowly magnetized toward $100. Trading at $98.58 today
If you see what’s happening here, SURGE is following a very similar trajectory: the presale concluded at $0.72 avg price per SURGE
SURGE has been slowly magnetizing toward its floor price of $1. It will continue to steadily reach this on a moving average basis
