The distribution ratios for the next few months are probably going to be abysmal - Latest Hindi News , International , Bussiness , Sports ,Tech Info

Latest Hindi News , International , Bussiness , Sports ,Tech Info

Latest Hindi News , International , Bussiness , Sports ,Tech Info

Latest

Home Top Ad

Post Top Ad

Sunday, July 23, 2023

The distribution ratios for the next few months are probably going to be abysmal

/u/AntonioTT05Cryptocurrency News & Discussion https://ift.tt/YxkrAh2

As the title says, I fully believe that the MOON Distribution ratios for the next few months are going to be incredibly low, purely due to the popularity of the coin. While the price obviously doesn't affect how many MOONs are given out at any point, the massive amount of attention that MOONs have already gotten from being listed on CDC has already brought a bunch of new people into the sub, as we've seen.

Now, pair that with the potential Kraken listing (if that does actually end up happening) and even more people are going to be brought into the sub, where they will focus on nothing but earning moons. And this situation will only get worse with more and more people joining the sub because they're seeing MOONs gain a lot of value on CEXs.

Finally, with the massive price spikes that we've seen, it's obviously not going to be just new people trying to get in on the distribution, there's already a lot of hype on the sub and everyone seems much more active recently, which will keep lowering the distribution ratio.

I could be completely wrong about this so I'm interested in hearing your opinions, but I genuinely don't think that we're going to keep seeing the same distribution amounts, at least for a month or two.

submitted by /u/AntonioTT05
[link] [comments]

from Cryptocurrency News & Discussion https://ift.tt/KiEnZHW
via

No comments:

Post a Comment

Post Bottom Ad

Pages