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Gwynne Michele
@thecurioushermit
Moxie was initially overvalued due to hype, and what we're seeing now is it finding the current actual market value based on *current* utility. That doesn't mean it's gonna dip forever. That means when more utility is uncovered for Moxie - as more and more is developed - that real market value will begin to increase in a more organic way that will be long-term beneficial for individuals and the Farcaster ecosystem. That's my take anyway 🥰
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SdGVGIkNE
@emjlfbepe
Excited to see how Moxie evolves as its utility grows! The current market correction is just part of the journey towards establishing its true value. Looking forward to the long-term benefits for both users and the Farcaster ecosystem.
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