Only 26% circulating supply
VC’s bought 25% of the network in 2018- their tokens are fully unlocked, bought in at a 16 MILLION DOLLAR valuation (public offering 2000X VC valuation)
ICO valuation was $1.89B (Public Offering Price 16X), token unlocks monthly, at a year ICO tokens are fully unlocked (4.75% of the total supply)
Further air drop in 2018 of 1.25% of the total supply to CoinList users.
Why did Coinbase list this garbage? Well, A16Z is one of the largest investors in Coinbase and Dfinity- you scratch my back I’ll scratch yours.
They do have underlying good tech- but you’re fighting an uphill battle, if you really want to I’d buy in at $50-$60 tops. Let people unaware of the tokenomics buy it up and sell, but honestly there’s better opportunities on Coinbase like
ATOM, 
SUSHI, etc.
Just my 2c.
VC’s bought 25% of the network in 2018- their tokens are fully unlocked, bought in at a 16 MILLION DOLLAR valuation (public offering 2000X VC valuation)
ICO valuation was $1.89B (Public Offering Price 16X), token unlocks monthly, at a year ICO tokens are fully unlocked (4.75% of the total supply)
Further air drop in 2018 of 1.25% of the total supply to CoinList users.
Why did Coinbase list this garbage? Well, A16Z is one of the largest investors in Coinbase and Dfinity- you scratch my back I’ll scratch yours.
They do have underlying good tech- but you’re fighting an uphill battle, if you really want to I’d buy in at $50-$60 tops. Let people unaware of the tokenomics buy it up and sell, but honestly there’s better opportunities on Coinbase like
ATOM, SUSHI, etc. Just my 2c.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.