The Success Syndicate

airstack

So 4-5m moxie are rewarded each day.  Im not sure the exact number...but its around there.  Lets use 5m to be conservative.
At 0.0055 cents that is $27,500.  That isnt a lot and its not an excuse as to why the token price will go down.
100% of the moxie that goes to Channels / Network doesnt hit the market - it is used to buy FAN tokens and burn them.
20% of casters moxie is used for the same purpose.
SO THE DAILY MOXIE that gets given out is peanuts.  Any buyside demand outside of farcaster - or just farcaster growing and MOXIE should explode.

Sharing this alpha from our friend
bullish on Ⓜ️ oxie!

Is there a possibility that the moxie reward will be reduced? 👀

𝔧𝔲𝔰𝔱 𝔬𝔯𝔡𝔦𝔫𝔞𝔯𝔶 𝔭𝔢𝔬𝔭𝔩𝔢 | Junior Web Developer