Wake up people! Everyone's mathematics is incorrect. Everyone's burn calculations are

Question

Wake up people! Everyone's mathematics is incorrect. Everyone's burn calculations are

based on the price of the token remaining the same.
The fact is though as the price increases (if it does), this will result in the volume of tokens traded decreasing respectively. People are overlooking this very simple fact!

Why is this important? Because this will slow the 1.2% burn rate.

As the burn rate slows, the increase rate of price per token will slow as well. The token will eventually move in price like a snail before halting. It certainly won't ever reach $1 - ever! Why can no one see this? Do the math, but ensure you factor in the changing of the price of the token and how it will slow the volume and subsequently the burn rate.

Why are people not understanding this? Everyone’s going on and on about reaching $1 and max supply coming down to billions, but this can’t happen if you understand how the volume will slow exponentially. Please everyone, stop calculating volume based on the current price because the current price won’t remain the same. Volume will indeed decrease as will the burn rate. This is unavoidable mathematically.

the 1.2% burn rate is a kiss of death. A lot of those who are currently selling have worked this out!

#blockchain #cryptocurrency #english #luna

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16.09.2022