So what’s the play here? In both traditional finance and crypto the smart thing to do is to reduce exposure and minimize the risk until this has all played out. Risk/reward tells me it’s better to off-load some of my positions and buy back once the dust settles.
@0xTindorr Good thread! You should have a look at $wifi. Real utility, 170m downloads. Making internet accesible to the many people. Tokenomics could be better though
@LLuciano_BTC@wifimapapp What do you think about the token releases? I’m a $wifi holder since a while back so not trying to spit on my own bag, geniuniely wondering. 3% of total supply released every month, that’s between 3-4M selling pressure on todays level that needs to be absorbed (assuming VCs sell)
@criptopaul@KittyInuDAO Last cycle lots of big names talked about it, now they’ve moved on to pump other tokens and their own bags like you say. Difference now is what they’ve built is MINDBLOWING. A meme with actual utility. Calling it a meme is actually an insult to the project.. just needs attention
@criptopaul Thanks for the reminder. Speaking of projects that HAVEN’T rebranded and built during bear - I honestly don’t understand why no big names on CT is talking about $kitty @KittyInuDAO. Web3, the IP to build a global brand, a game (that is actually good!) with integrated NFTs etc etc
@0xGoldenDegen You should add $wifi to that list. 5 million daily users, 170m+ downloads and real world utility making internet connection available for the many 💪🏻 Low mcap. Only downside as I see it is the vesting schedule, around 3% of supply is released once per month