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

/biz/ - Business & Finance

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6795815 No.6795815 [Reply] [Original]

What went wrong post december?

>> No.6795837

>>6795815
reddit

>> No.6795854

It’s an overvalued token that doesn’t do anything other than move fast.

No proof of work, no staking, little incentive for it to exist other than to be a less scammy TRX at the time.

>> No.6795895

pumped too far into overvalued. Needed natural growth, instead got steroid injections. Now it's wrinkling with bacne and a mantitty abscess

>> No.6795899

>>6795854
no reason apart from instant, free transactions.

>> No.6795938

>>6795815
>When people expect parabolic growth to continue forever
It's taking a breather because it exploded too quickly and too fast and that scared people from jumping in. Give it time, it'll boom again

>> No.6795986

>>6795854
it's tokens that do "things" that are worthless, why should you need a special token for each single thing you do, it's all about payment currency and performance, unless you want to tell me that dentacoin is a great product

>> No.6795993

Yeah, who would've thought a coin that went 180x in a month would slow down?!?

>> No.6796327

>>6795986
some blockchain applications such as universal copyrite tokens and licenses, supply chains of luxury goods, etc. are viable

>> No.6796577

It can't grow much more without a bigger exchange, and there were some node issues. This thing is going to moon again in a coupe weeks once it gets listed on binance.