Increase in the supply is causing the market cap decerase.

Question

Reef Global Community

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Increase in the supply is causing the market cap decerase.

So its affect the price negatively. But reef increased supply but marketcap same. How is this possible?

#cryptocurrency #de-fi #english #reef

0

11.06.2022

6 ответов

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. Автор вопроса

@admin

0

11.06.2022

Yash Tiwari

The supply increases because of staking, that's normal. There’s no max supply on the reef chain. The supply increases in line with validator and nominator rewards. Also, tokens are burned with every transaction. As more projects launch on the chain, with more smart contracts, the more tokens will be burned. It will decrease eventually with future dapp. We don't discuss price here. For price and trading discussion please join this group. https://t.me/reeftradersgroup

0

11.06.2022

Rose

Yash Tiwari
The supply increases because of staking, that's no...

https://blog.reef.io/how-to-stake-csb/

0

11.06.2022

Pop Emi

Simple. Supply increase is from staking reward.

0

11.06.2022

Rose