One thing I m not quite understand. why market

Question

BitDAO

Yeah

One thing I m not quite understand. why market

cap of bit is 7xxM USD, while there is 1.5b usd assets in treasury pool?

#bitdao #cryptocurrency #english

0

21.05.2022

5 ответов

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Marcus

Because the marketcap of $BIT has nothing to do with what the treasury is worth, because the treasury consists of a diverse range of coins like ETH, USDT, USDC, SUSHI, FTT, WETH... What the treasury is worth and BitDAO Mcap are totally irrelevant topics.

0

21.05.2022

suucc

Him
Because there are many BIT in treasury it is unles...

When you take into consideration BitDAO's long-term goals and what it's building, the amount of $BIT isn't too much, in fact, it's just enough

0

21.05.2022

Yeah Автор вопроса

Marcus
Because the marketcap of $BIT has nothing to do wi...

Thanks for your feedback. So, how can I estimate the valutatiob of BIT if it is irrelevant to treasury pool value?

0

21.05.2022

Marcus

Yeah
Thanks for your feedback. So, how can I estimate ...

Think of $BIT as the token that will govern the largest DAO body the world has ever seen, it will be used to impact the decisions of a conglomerate of DAOs, a community of builders constantly going on ventures and shaping the world of DeFi and Web3. It will act as a source of income, a privilege to hold as it will expose its holders to exclusive WL spots/ airdrops/ giveaways and many other things.

0

21.05.2022

Him · Accepted Answer

Him

Because there are many BIT in treasury it is unless once they sell it all

0

21.05.2022

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