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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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