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/biz/ - Business & Finance

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File: 108 KB, 1286x716, avaxtokenomics.png [View same] [iqdb] [saucenao] [google]
55616748 No.55616748 [Reply] [Original]

Why is AVAX token price down 41% this year but the marketcap is only down 28%?

>> No.55616763
File: 2.52 MB, 332x334, 1652840943660.gif [View same] [iqdb] [saucenao] [google]
55616763

>>55616748
has there really been over 20% inflation on my bags

>> No.55616791

token burn

>> No.55616794

>>55616763
Yapp, hoghly inflationary pos plus vc dumps, that is the problem with the 2021 l1/l2 coins, almost all of them is vc scam shit.....

>> No.55616803

>>55616748
Yes its hyperinflationary
Better for your own sake dont check the 2021 marketcap
25% inflation yearly sound right

>> No.55616829

>>55616803
Ok i tell you in the start of 2021 at the run up to 50 dollar the marketcap was lower then now
>thanks for gifting money to avalanche wait why do they call it avalanche?

>> No.55616936

>>55616829
Dumping faster than you can say double sp....

>> No.55616955

>>55616791
token burn means higher price tho?

>> No.55616963

>>55616955
maybe he means my bags are burning

>> No.55616973

>>55616963
kek

>> No.55617034

>>55616748

even fully diluted it's a fucking bargain vs etherium and its faggoid layer 2 scams

>> No.55617062
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55617062

>>55617034
yeah i only got 170 of them so I'm not gonna sell it's just kind of ridiculous

>> No.55617063

>>55617034
U huh ok.

>> No.55617557

>>55617062
>pic
ah, so this is this the "hyperinflation" that curry enjoyers keep talking about, kek.

>> No.55617707

>>55616748
so many Indian in this thread that it remind me BLR

>> No.55617716

vcs dumping on you sucka
welcome to the crypto grift

>> No.55617950

There is no reason to hold any other coin besides KASPA