DeFi is complex, and innovating on top of existing stack is freakin hard.
what @0xprince and the team have done is nothing short of true innovation. wen I first met them at @MEGAZuzalu i was impressed by how down to earth and sheer amount of love for shipping ( yah they were practically coding every day)
cant be more proud of the megaeth defi ecosystem that has consistently attracted cracked devs who dare to push the boundary
to more godtier apps
1 $DAO = 1 $DAO OR WHAT REALLY DETERMINES THE VALUE OF A DROP? 💰
After yesterday’s post, we noticed many misconceptions from users claiming that “if everyone farms millions of $DAO, the conversion will be 1:1, they’ll create a trillion supply, and the drop will be worthless” This is NOT TRUE 😐
The value of any token in the crypto market primarily depends on its MARKET CAPITALIZATION
✔️ Formula:
Market Capitalization (Market Cap) / Circulating Supply = Price
Example:
• If the token supply = 10 billion and the market cap = $10 billion → price = $1
• If the token supply = 10 million and the market cap = $1 million → price = $0.1
The number of tokens ≠ their value. A 1:1 conversion and a large supply don’t automatically make a drop low-value or high-value. Other factors like demand, tokenomics, liquidity, and overall market sentiment also play a role. But the defining factor here is market capitalization 🧠
Examples from the market:
• Shiba Inu (https://t.co/1ghyfV986t)
token with a price of ~$0.00001564 and a market cap of ~$9.2 billion
• Ultima
(https://t.co/MRRxXu26AE)
token with a price of ~$17,895 and a market cap of ~$669 million
Comparing these, we can see that the price of 1 Ultima token is over a BILLION times higher than the price of 1 Shiba Inu token, while Shiba Inu’s market cap is 13 times larger than Ultima’s
We hope this helps clarify this important point for you 💙
We have a new website that collates all our Curated projects.
https://t.co/B1yD9MtAZn
In the last year and a half it has been a pleasure to work with so many talented people.
Galleries/Platforms
@Verseworks@weareunitlondon@singulardotart@outland_art@FingerprintsDAO@Highlight_xyz
Artists
Kevin & Jennifer McCoy, John Provencher, Kim Asendorf, Leander Herzog, Andreas Gysin, Jan Robert Leegte, Stevie P, Roope Rainisto, Jorge Ledezma, Emily Xie, Stefano Contiero, Entangled Others, Mathcastles, Yazid, Thomas Lin Pedersen, Iskra Velitchkova, Melissa Wiederrecht, Eric De Giuli, Sarah Meyohas, Rhea Myers, rudxane, OTO, Constant Dullaart, Matto-Shinkai, Mia Forrest.
Writers
Maltefr, Ducan Cooper, Kevin Buist.
Special thanks to @motzko who did the design and dev....
$STRD is flashing a buy signal, and I'm taking advantage of this dip!
I just scooped a bag at $0.36, and I'm feeling bullish.
▪️ This project is building the future of liquid staking and modular bridging for the Celestia and Cosmos ecosystems.
The chart is showing a beautiful bounce off the support level at $0.35, and the RSI is hinting at a potential reversal.
👉🏻 My prediction? $STRD to $0.50, then $0.75!
I sold guys. Sorry, I'm out.
It finally happened guys, I sold. I couldn't keep looking at what was happening to the value and stay invested in such a losing asset. You can dislike me all you want but that's the truth.
So I sold my house and I'm gonna buy the dip.
I love #XRP