>>2426913Yes. This doesn't mean PND stops though. The second a new coin is released you will see PNDs as the low volume plus speculation will cause high volatility as we are seeing right now. However the longer a stock is on the market and the more stable it becomes the harder it is to PND it for a significant enough profit to even bother trying.
A real world example is Coca Cola. NOBODY swing trades Coca Cola why? Because the volume is so fucking massive and the people holding Coca Cola will never fucking sell it because of compounding interest from dividends.