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In other words other coins are being manipulated like penny
stocks, what goes up will go down. If there is no mass adoption or use case for a crypto it eventually will drop in value. Fun has a use case for gambling and a huge base from freebitco, the work on xfun makes it potentially a mass adoption coin for the Metaverse. The name change from Fun Fair to Fun is massive. Do you need Fun for gaming? Of course you will. 11 Billion coins as a relatively hard cap even with coin inflation from the 25% interest will not have much negative effect on the price long-term. Doge coin is a prime example, there are 160 billion Doge with 5 Billion added per year. What is the use case for Doge? It's a derivative of Litecoin. Doge is basically driven by Elon Musk not because there is anything unique to the coin. So comparing price appreciation of Fun to manipulated coins is not a fair comparison.
4 ответов
Yes I understand that, I had to lock a good amount of fun tokens and I am ready to lock again for a long time if necessary, until the next bull run to maybe take advantage of the speculative bubble...
Kevin
Автор вопроса
Yes I understand that, I had to lock a good amount...
Your getting price appreciation on the locked coins as well. The coin is stable at a 0.01 it's not going to drop any further because of the locking and burn project.
Your getting price appreciation on the locked coin...
It is possible, but the contract on which the fun tokens were blocked is 25% interest. It should be clarified that this is not a flexible locking... They will cut prices on maybe a new contract...
Some excellent information as well! And perfectly stated!!
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