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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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14563453 No.14563453 [Reply] [Original]

there is still 11m locked tokens to be dumped in the market (20% each year up until 2024) from private investors and the team, meanwhile companies spend 3-4 times less VIDT this month because the prices are based on the VIDT price on the first day of a month, see how the amount of tokens in transfers changed 3 days ago, at this speed it will take decades just to burn those 11m tokens
https://etherscan.io/token/0x445f51299ef3307dbd75036dd896565f5b4bf7a5?a=0x5aa8608ab0684aef89f480bc028c7969fcb16881
https://etherscan.io/token/0x445f51299ef3307dbd75036dd896565f5b4bf7a5?a=0x1712f222c7a32269ffa34c6d855a8de426ebfe72

>> No.14563532

>>14563453
Thanks, just bought 100k

>> No.14563620
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14563620

Why go to the moon when the moon can come to you? We VIDT marines stand united!

>> No.14563746

>>14563453
sounds like the LINK FUD desu, heard all about it. only 35% in circulation, etc etc
>LIT has less than 20% in circulation dawg
seriously
>>14563620
this is cringe af to the point it almost feels like FUD, I prefer the classical memes

>> No.14563747
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14563747

20% of 11 million... that is literally nothing. Especially considering how small the current circ supply is.

Also, your estimation is false. July is on track on spent tokens to roughly match the previous months. That's not even including potential new clients that will join this months.

>> No.14564202

>>14563747
this 69k is not the correct number, I don't know how they calculated that because it started at like 40k on 1st day of july already before any transfers happened (if you have any idea why, tell me), the real number of spent vidt from company transfers is something like 30k, so 10k tokens a day, meaning 1k burned a day, which is ~30 years just to get rid of those 11m, it's only decent because amspec joined like 2 weeks ago but still significantly lower than in june and may, you can check the numbers on addresses yourself that the transfers are significantly lower, first address 24 vidt each transfer back in june, now 6 vidt, the second address is from amspec, they were doing numerous 1000+ vidt transfers daily, now they are in low hundreds, it would be a lot better if vidt hard dumped so amspec would burn fuckton of them, basically if they don't sign more amspec sized companies this token is going nowhere for a long time, definitely not up and likely down