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OⓂ️id 🎩
@omidxyz
The primary reason for $Moxie's sharp declines compared to other tokens in similar conditions is its extremely low liquidity in liquidity pools. The team could have mitigated this by providing incentives or even directly contributing to increase liquidity. Such extreme fluctuations put the project at risk of collapse and drive investors away.
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LΞovido
@leovido.eth
There are incentives for providing liquidity in Aerodrome and Merkl
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OⓂ️id 🎩
@omidxyz
Well, when liquidity is this low, people are afraid to provide it. The team needs to step in and help bring liquidity out of a critical state first, so others feel encouraged to add liquidity afterward.
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posty76.base.eth
@andrewsc12345
You can also see this dip as an opportunity to purchase cheap $moxie the opportunity should be seen as just that if you don't want to risk big swings I would suggest $bitcoin or $eth they are more stable buy the ROI opportunity isn't any where near a small market cap $based project. Being early comes with this scenario
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