Goes like this:
1) Folks get hyped about a token
2) Folks check current price: e.g. 5$
2) Folks check price history on cmc or goingecko
3) Token went to 20$ in 2021
4) Conclusion: "20x from here easy. 100$ this bullrun"
Fatal: fading that supply increased by e.g. 50% - 350% percent since then.
= FDV might be ALREADY higher (considering 400%+ supply increase) as in 2021.
= much more capital needed to push the token to 100$.
Might be a 20x from here in perspective of token price. In reality its a e.g. 50x+ in terms of capital inflow.
So what about fantom?
FTM supply during 2021 bull run: 2.51b
FTM current supply for run 2024: 2.8b
= increase of about 12%.
= thats nothing!
Comparison:
Near: +100%
Avax: +70%
Solana: +50%
Filecoin: +200%
Hbar: +100%
Inj: +75%
Grt: +90%
Ape: +300%
Key-Take-Away:
Ftm is one of the best blue-chips when it comes to tokenomics.
Even withsupply increase (<10%) when new sonic chain launches.
Bullish.
what can be the results of such a low %?
Or in even simpler words: If similar demand kicks in as in 2021 for the projects mentioned above ftm will reach ath earlier and push much higher than the others.
Finally a smart guy
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