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18067677 No.18067677 [Reply] [Original]

Right now the Circulating Supply for RSR is 4,207,726,273 tokens according to CMC.

According to Viewbase there are currently only 755,595,981 on the top three exchanges Huobi, Hotbit, and IDEX.

Where are the rest of the tokens? Most are being stored long term in wallets/coldstrage.

What about the tokens that will be unlocked after mainnet?

These tokens will unlock slowly over the course of six months, and this will give us enough time to figure out if the holders are sending to exchanges or arbitrage pools. As more tokens are sent to arbitrage pools instead of exchanges the price of RSR will begin to rise slowly over time. Let's look at the most recent example, around the 12th - 14th of FEB you can see that a large amount of tokens begin to move out of the exchanges and as this happens the price of RSR steadily rises until it begins to correct.

In the following months before mainnet these exchange tokens will continue to be depleted and the FUDDERS hope that investors dump so they can scoop up cheap RSR, but the opposite will happen. More and more RSR will leave the exchanges as people get ready to stake them for arbitrage. As this happens more RSR is taken out of circulation through the burning mechanism. This continues to push the scarcity and leaves even less tokens available for trade further raising the price per token, and as this value increases so does the amount you can make from arbitrage while using fewer RSR which further incentivizes holding over market selling.

Why do you think RSR has been holding so well vs. BTC dumping? RSR is one of the last moon missions. JUST HODL

Get ready for the desperate satsgang fud that's incoming. Good thing I'm heading to bed and ignoring these idiots.

>> No.18068268

$1 when