@NordicMiner (3) Others: Mindshare is relatively low, demand side still not clear to justify DePIN economics, founders distant in community, limited updates on partnerships, krest drop fiasco didnt help, machine economy idea is far fetched which may not materialize this cycle specifically.
@NordicMiner (2) Tokenomics: This was bound to happen but initial thought is that this is absorbed by bull market demand if growth exceeds new supply. However, vesting schedules, Coinlist dumping along with 6 month cliff for private rounds AND airdrop AND get reel campaign is high pressure.
@MMCrypto Buying Bitcoin pushes price up, which incentivizes miners to provide more computing power, which in turns strengthens the network. Vice versa.
Get Real attracts tons of real users.
Who grow DePINs by creating real value.
Driving real on-chain activity.
Building a hardcore community of DePIN users.
Which attracts even more DePINs.
Making peaq the ultimate DePIN launchpad.
https://t.co/gKc0FZmvxb
🚨📊 We’re excited to announce that we’ve completed our integration of @peaq!
This integration improves the accessibility of peaq's data & enables more informed decision-making for all stakeholders in the ecosystem.
Learn more 🧵👇
@sjdedic My third cycle as well. Think it’s a case of too many new coins without the needed liquidity to feed all new narratives & tokens while memes continue to dry cash out from a genuine alt season. Also share of mind is so scattered
$PEAQ is looking for a bottom while getting many signs of a reversal. Momentum is moving up, and trend strength is going bullish. The price is making a small structure however at this point any pullbacks should be considered opportunities. Invalidation is the previous lows.
Full TA: Link in the Bio