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Maretus
@maretus.eth
There’s a lot of talk right now about Moxie prices and sentiment. There is a misconception that the project is facing heavy sell pressure but when you actually look at the numbers, that’s not the case. Order volume has been low, and while there have been more sells than buys, the difference is pretty minimal—like 8-12K/day. It’s not a huge wall of red, instead just a small gap. In other words, I don’t think there is as much to worry about here as it looks like. Yes, price is currently in the shitter, but I don’t think it always will be. The /airstack team is working on features that should increase demand on the buy side. On top of this, Moxie is being heavily integrated into the rest of the Farcaster ecosystem. It’s only matter of time. How much time is the question. What’s your time horizon?
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Trillobyte
@trillobyte
Patience, HODL as usual it will take as long as it needs to and the strong support we have here will last for years to come. Moxie has created a family of us all we are on the same team instead of only looking out for ourselves - that shift of morale in itself is worth more than the price of any coin present or future.
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antaur ↑
@antaur.eth
good point on morale and also timeline: every project that has strong fundamentals and good narrative eventually pops: today, tomorrow, next year idk. moxie is not for jeeters!
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Maretus
@maretus.eth
Right on! I agree. I’m taking the opportunity to continue stacking! One day, these moxie will be worth having kept. :)
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