GameTVGaming

Suis moi et abonne toi, et retrouve plein de vidéo !

[HERO Earth Node @HEROsPool]

Hey Cardano got any more of those governance actions. #Chang #ChangBang

[SoDeglingo @DeglingoMPG]

se faire souffler le podium sur le fil @sorare pour 240$ et un score épique ...dommage mais on prend avec plaisir les 130$ .... Sinon Gustafson aura été mon pire achat 2024 ! et le votre c'est quoi ?

[Nik @cointradernik]

Nice

[Apex @Apex_333]

IAG ⬆️
$TITAN ⬆️
ADA ⬆️

GM, indeed ☕️

[🛡️Mac Mac “GRACE-GRACE”🛡️ @007Macmac007]

I appreciate my underground TG community BU!They’ve been with me for years now making that life changing money!Special shout out to my #Crypto #Coinbase #base mentor @LukeYoungblood of @MoonwellDeFi 💯 Let’s go #moonwell $well !These next 6 months are special ladies and gents!💯

[Sweep @0xSweep]

i heard that $sei has a massive community

is this true?

[Crypto Koryo @CryptoKoryo]

🔸Protocol Growth vs. Token Growth - Case study with Unibot

Expanding on my tweet from yesterday on protocol growth vs. token growth, let's talk about the popular telegram bot: Unibot
It launched one year ago in May 2023. In two months after launch, it did a 16x going from $12 to $200.

It's revenue sharing mechanism to token holders, buy/sell tax, and discount on swap and snipe fee for token holders was pretty novel when it launched. Combined with a new promising sector (Telegram bots), that resulted on a huge traction shortly after launch.
Real yield was a hot topic at the time and unibot seemed to fit well to it.
Now 2 months after launch, the token reached its ATH and since then, it has been in a downtrend (despite good market conditions in the last months).

Why is that? is nobody using it anymore?
In the last 24h, it has done $3m in volume and in the last 7 days, it has generated more than $100k in fees so clearly it's still being used. (credits to @whale_hunter_)

But as I mentioned yesterday, absolute numbers don't matter much. What is important is to have an uptrend in key metrics. We can see from on-chain data that Unibot is not having any uptrend in any metric (fees, volume, users) since long time.
The conclusion here is that for a narrative trader, it doesn't make sense to hold the $UNIBOT token. Should also be said that other Telegram bots related tokens have not performed well in the last months neither.

tldr is many protocols have a baseline of revenue, users, tvl and community. Big or small. If there is no strong uptrend on those metrics, the price of the token is unlikely to go higher.