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https://warpcast.com/~/channel/airstack
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@fibo112358.eth
Ⓜ️oxie Quiz #1: Would a Fan Token's price go to zero if every holder sold? A: No. This is because of the buy and burn mechanism. When you check the holdings percentage on the Airstack website or MoxieScout, it only shows active wallets. However, Fan Tokens are also sent to a burn address (0x000...) after auctions and buy and burn events. Once tokens are sent to this address, they’re permanently removed from circulation. Here’s an actual example: I once held 99% of a Fan Token where the creator became inactive, and all other holders sold their tokens. After I sold my stake, here’s how the price changed: (1/2) 👇️
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@fibo112358.eth
Before sell order: TVL = 7,317, Price = 81 After sell order: TVL = 20, Price = 25 Avg. price of my sell order = 65 Even though the TVL dropped to nearly zero, the price didn’t. I was still able to exit at a price higher than my entry price. This is because over 9,000 MOXIE had been used for buy and burn, permanently locking those tokens. The auction clearing price was 1, so even after the sell-off, the price stayed 25x higher than where it started. As more buy and burn events occur, the price floor continues to rise. This makes Fan Tokens unique compared to regular tokens, offering long-term stability. Happy Moxie!
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@siadude
that's the kind of knowledge i'm looking for...thanks a lot for sharing mate!!!👍💯💪♥️
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