@BigBodie12@SonicLabs@MitchellDemeter Supply has to be capped by all means, not sure if this will ensure the token will stop falling, but if itโs not capped, $S will not survive
@MitchellDemeter you know the only way to revive token price is to switch to fixed supply. This was the real issue. This will instantly boost the price and everyone will benefit. Add to that a decent burn plan and you have a good chanceto do the impossible. Sometimes it really doesnโt have to be too complicated. You donโt have the best legacy, appreciate everything you do
@SonicLabs You gotta be kidding. This guy was VP of Business Development at Kadena until November this year. I guess we know the reason why he was open for job ๐ Best of luck, anyway! It cannot go worse
@chemacs Itโs really not about the tech, but the moment you show the world that you can print new tokens anytime you want, itโs over. Why is it this difficult to understand? Weโve been played out, all of us
@Defi_Maximalist@SonicLabs@MitchellDemeter You are new in this role, so literally no one can blame you for anything. Time for you to show up if you care about the people that have put their trust in you. Youโre a business man and have a different way to measure success, which goes beyond tech.
@Defi_Maximalist@SonicLabs Most tokens are starting a recovery from this point. Not the case for $S. @SonicLabs, you started the war against the community via your prominent voices in the 1st place and then by your actions. If you donโt step in now, $S will go to zero and no one will benefit.
@MitchellDemeter Well, it looks like finally @SonicLabs has a CEO. This type of message is what community and all the people involved needed, congrats for communicating in such a clear and transparent manner. Suddenly there is hope for $S. Good luck in your new role
@DoctorDeFi $S is the weakest coin by far. All others have started a decent recovery, except for $S. Order book indeed so thin, it could go up straight to .25 a matter of seconds