Market capitalization data has some discrepancies. The official figure shows 8.1 billion, but based on the current price, the actual should be 7.4 billion.
Looking at the token burn—based on the current burn rate and revenue levels, it will take 9 years for the Genesis airdrop portion to be completely burned.
What’s more heartbreaking is the team’s 30% share. This will be gradually released over the next 2 years, and it will take another 8 years to be fully burned. If the team chooses to sell during this period, market pressure will be significant.
Overall, short-term selling pressure may persist, and the burn cycle is quite long.
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GasFeeCrier
· 18h ago
The market cap is so inflated, yet they still dare to mark it at 8.1 billion? That's just ridiculous.
The team's share has been destroyed over a 9-year cycle, truly impressive... How can we play in the short term?
9 years of destruction? Brother, this is just testing our patience.
The team holds 30% and releases it after two years, so we're just waiting to be dumped on.
Compared to this data, it drops by 700 million directly, feels like we've been played.
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ShitcoinArbitrageur
· 12-24 19:06
Uh... daring to inflate the market cap? The difference between 7.4 billion and 8.1 billion is so huge.
Burned for 9 years? Bro, isn't this just a way to cut the leeks?
Team releasing 30% in two years, I bet five bucks they'll dump the price.
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GetRichLeek
· 12-24 19:05
Damn, 7.4 billion? The official numbers are misleading again. The price difference is outrageous.
Burned after 9 years? I can't wait that long, it's really incredible.
If the team takes 30%, I'll just cut my losses and run.
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AirdropCollector
· 12-24 19:03
Oh my goodness, can the market cap be calculated incorrectly? 8.1 billion with a real water margin of 700 million. How was this data even released...
The team's 30% share really can't hold up. It will be gradually released over 2 years, and then destroyed over the next 8 years. Isn't this just a time bomb?
With such a long destruction cycle, can short-term selling pressure be alleviated? I doubt it.
Nine years to destroy the Genesis portion... I won't live to see it, haha.
No wonder it dropped sharply a few days ago; everyone is on guard about the team's share.
It seems the project team isn't very attentive to the data, or maybe they're deliberately exaggerating?
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RebaseVictim
· 12-24 18:39
The market cap is so虚, do you still have the nerve to compare? 7.4 billion is the real figure, bragging costs are really low.
The team has released 30% in just two years, which is outrageous. Who will take over the position?
The destruction cycle is so long, short-term benefits are basically invisible, and token holders will suffer.
9-year destruction of the genesis airdrop? I’ve already lost everything long ago, haha.
The question is, will the team really hold on? I bet five dollars they will sell off in batches.
Market capitalization data has some discrepancies. The official figure shows 8.1 billion, but based on the current price, the actual should be 7.4 billion.
Looking at the token burn—based on the current burn rate and revenue levels, it will take 9 years for the Genesis airdrop portion to be completely burned.
What’s more heartbreaking is the team’s 30% share. This will be gradually released over the next 2 years, and it will take another 8 years to be fully burned. If the team chooses to sell during this period, market pressure will be significant.
Overall, short-term selling pressure may persist, and the burn cycle is quite long.