/biz/ - Business & Finance

guess not..

>>56665571
ticker?

>>56665571
does it have pumpamentals? ofc it does

>>56665571
It still has double-digit inflation, massive unlocks for the next 6 years, and no supply cap, so seems like a VC dumpfest to me. I looked it up when it came out, seemed cool, but shit tokenomics.

>>56665571
Looking it up further, total unlocked supply with increase by 12% over the next year alone, on top of the current 10% annual inflation.

ROSE is the same but better

>>56666811
tokenomics are really bad

it's up 60% in a month... YES

>>56665571
I was holding 10k but sold the pump. It's very gimmicky. Archive nodes are needed which host the whole chain which negate the whole concept of decentralization. Also transactions are slower than BTC and the community is kinda dead. There are better plays at this mcap.

>>56665571
MINA has a massive bull flag on the weekly. Of course it will pump again

>>56666811
Take your medication anon. Well over 90% is in circulation. All VC tokens are already released. Who do you think dumped Mina into oblivion in 2021? I agree with you that the CURRENT inflation is high but how else would you incentivize holders to stake their tokens? Biz will sleep on this project as usual focused on hex and hpso10inu.

>>56665571
What's the ticker? Not everyone gonna know project's logos yk. Meanwhile I got a flair for GambleFi of recent chads and I'm head bent on Funarcade.
The fact that they've zero restrictions or KYC makes me balls deep into their ecosystem.

>>56668345
Mina

>>56668145
nobody on here who wants to make money is on hex or *inu

well the non-jeets of course.

still, mina is just another shit project in a sea of shit. why waste time and money? everything in the top 500 will go up no matter how shit, and you'll feel smug that you made the right choice, but in the end you'll forget to sell and become a baggy.

mina is shit with ZERO users, ZERO interest.

>>56668609
MINA has like 50 zkapps being built today and the tech is completely novel. A promising start to speculate on imo

>>56665571
the inflation is too high. Also VCs got a bunch for cheap I think.

>>56668668
kek, nobody is going to use this shit for anything, just like nobody uses any other crypto for anything, except gambling on the price that is.

>>56669936
>VCs got a bunch for cheap I THINK

Well, that has never happened before, better stay away from this project at any cost.

>>56669936
God damn, it must be hard having a 85 IQ. Imagine not having at least 5k Mina for the upcoming bullrun.

It already did last bullrun. It might achieve half of it's previous ATH, but don't expect much more than that.

Just a hint to noobs around here - don't bet the whole farm on old alts, look into new alts that weren't exposed to the prior '21 bullrun.

>>56665571
i hold some, but if you asked me what the practical use is for a tiny blockchain zk protocol thing i couldn't tell you

>>56665571
3ac still has a large bag that needs be dumped. And I think Alameda also had a bag. So no.

>>56668668
i see where you're coming from but let me tell you didn't discover a great opportunity here, i was on this coin way before it was released but everything SCREAMS vc ghostchain and that is what it is.

>>56670634
They were both heavily invested into solana as well. Look how bad that turned out for sol.

>>56668145
There is still a couple hundred thousand going to the mina foundation, O1 labs, and the "community" which always ends up being a slush fund for the devs and their friends. Plus the 10% inflation.

>how else would you incentivize holders to stake their tokens

0% inflation is the new meta, just look at something like kujira (as an example, not trying to shill). They're 100% circulating, 0% inflation, yet 55% of the supply is staked. If you build useful things that generate revenue, you don't need inflationary subsidies.

>>56665571
it will have its run anon this is a long term hold though, so it depends if you want fast $ or if you are willing to wait