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/biz/ - Business & Finance


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>> No.28062251 [View]
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Have bottomed out bros? Should I add more to the stack now?

>> No.28050834 [View]
File: 52 KB, 960x544, photo_2021-02-04_03-31-14.jpg [View same] [iqdb] [saucenao] [google]

The original price was based on the value set in the presale contract. As soon as the presale funds run out, no more coin can be bought for this cheap price, so people start paying extra to buy it on Uniswap instead.
Your question is hard to answer because it doesn't really make sense, anon. I can't tell what you're actually asking.
What do you mean by "will it get harder for it to reach $1"?
You need to think about what coin price is actually a measure of. It reflects the value of the entirety of the asset, divided by the number that exist (37 million tokens).
When we're at a $0.10 price, MCDC has a market cap of $3.7 million

Are you asking me whether it takes more (incoming) money to go from $0.20 to $0.30 than it does to go from $0.10 to $0.20? If so, no.
But does it take more money to go from $0.10 to $1.00 than it did to go from $0.01 to $0.10?
Yes, certainly.
They're both a 10x, but that only matters with regard to the impact that it has on an individual investor attempting to make the same amount of gains from the same principal investment. Looking at two different 10x coin gains and trying to compare them is almost useless. It's way more rational to compare arithmetic increases, not geometric.

>> No.27691436 [View]
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me looking towards the bright future ahead

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