/biz/ - Business & Finance

Anonymous Sun Dec 6 10:18:38 2020 No.24592012 [View]
File: 42 KB, 516x410, 1597528713692.jpg [View same] [iqdb] [saucenao] [google]

I expect this token to keep pumping simply because people just can't understand rebases and think that going from 100 tokens at $1.00 to 200 tokens at $0.50 is free money.

You hold the exact same amount of money before and after rebases. It is meaningless to try to trade it based on price before and after.

The only way to value rebasing tokens is to look at the total market cap

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/biz/ - Business & Finance

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