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Jason Goldberg Ⓜ️ 💜
@betashop.eth
the amount of freely circulating $moxie is now at its lowest level since launch in July The amount freely circulating is 842M out of 9.98B 52% of the liquid supply is held in Fan Tokens or LP pools 36.8% is locked with Moxie Power for 3 months
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Metaphorical
@hyp
This is crazy. Some whales are gonna figure this out eventually.
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jp 🎩
@jpfraneto.eth
what does that mean?
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Metaphorical
@hyp
which part?
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jp 🎩
@jpfraneto.eth
you said “some whales…” what does it mean that they figure out? what is the consequence of that happening?
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Metaphorical
@hyp
supply and demand. supply is going down and it might continue that way, so … dyor on the rest. nfa.
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jp 🎩
@jpfraneto.eth
come on the price of this asset dynamic is way more complex than lower supply higher price haha (not saying that you are wrong, I don’t understand enough to debate, but fitting something as complex as this into that equation feels like having a scalar -rate of inflation- as a measurement of how healthy the economy is)
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Metaphorical
@hyp
for sure there’s more to it and the demand side, but the issue with tipping tokens has been: if you just keep increasing supply… it won’t retain any value. Moxie may have solved this part of it with fan token locks to limit supply. while advertising could be missing piece to demand side.
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