@HEXtronaut Richard likes to own big % of his tokens supply. How much of inc supply do you think his wallets have? Do u think other people are in control and best way to teach them a lesson is to dump inc?
@HEXtronaut@CMoney_Made_It@esco199 I hope nobody has exposure just to inc and I trust we will be very well by end of the cycle. I got your message π€
@HEXtronaut@CMoney_Made_It@esco199 It is obvious that he lowered inc inflation to reduce liquidity, it will be easier to pump all coins. But it sounds like you think inc is trash, which I don't think is the case. In my opinion his plan is to send aprs higher by raising inc price, not by raising inc inflation again
Up 50% today and 7x in 12 days, but I didn't talk about it? $INC the incentive token. It's very interesting and here's why. It looks like half it's only $70M market cap is in PulseX liquidity pairs with $PLSX & $PLS. It's minted only by PulseX farmers. The only people that hold it farmed it or got it from someone who did. The chart kinda looks like leverage on PLS and PLSX. https://t.co/RibU10muBE, #Ethereum
@Hex_Turbo You sure about this? If inc 3x and plsx 3x, why would the apr for the inc/plsx farm go up? Inc should go up against plsx for the apr to go up. Am I wrong?
@yourfriendSOMMI I keep following PLSX/INC farm. Ratio went from 5mil $PLSX / 100 $INC to 13mil $PLSX / 100 $INC in 2 and a half months. In dollars value you would have been better just holding both tokens.
@HexMeridius369 Just one example of why many people will have a shock when they will end theirs LP farms. So many don't understand ratios... This was biggining of the year and yesterday prices in PLSX/INC farm
@CryptoVince369 Shit this could mean a larger correction. I remember the 2021 top. Gas fees dropped off a cliff almost overnight and I remember thinking the same thing.
I dont think its macro top but a healthy correction