mean it will just keep dropping the price?
Market cap / supply = price
If even marketcap stay still but supply keep rising, price will keep falling no end
I mean how the way team will make sure this for very long run even not deflationary, at least have something to tackle the inflation.
Or maybe not care that at all ?
Just let reef keep creating new token every day?
I just want do my own research, no fud here 🫡🙏
☺️
Thanks
If you're concerned about the growing supply of Reef Coin, consider this: You'll likely never see the actual maximum cap of Bitcoin in your lifetime. Every day, new BTC are being mined and added to the circulating supply. So, instead of fixating on the growing supply of Reef, perhaps focus on its real-world use cases and adoption. A coin value is ultimately determined by its utility and demand, not just its limited supply. And as you all know, Reef is still an early stage blockchain ecosystem. Even if you are here 2 years, that is not much time. Over the past few years, Reef has been preparing for this phase, and now the focus is shifting towards onboarding dapps and bringing real-world use cases to the Reef Chain.
450m Reef was minted last month to allow for the upcoming bridge. Absolutely nothing happened to the price..
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