I had posted previously about GIFF and wow what a run…
Basically, imagine if hive at $0.30 went up to $20 in a week, and is now at $6…
Would you REALLY be crying about hive going from $20 to $6 when it was 30 cents last week?
Well, thats what is happening now.
These sharp price rises really mess with people’s head…
Imagine instead of shooting up to over 18 cents it just hovered around 4 cents for few days and slowly made its way to 5 cents, everyone would be super happy right now
But, since it shot up past logical levels, and now its coming back down to reality, people are crying, asking silly noob questions
It is always interesting to see the human psychology when prices are flying up and crashing down
I imagine people talking smack about anything other than hive, very silly, we are a multi chain world right now.
This GIFF coin is barely getting started and has made life changing price moves and its going to go buck wild as more protocols are launched to buy and burn pGIFF..
The buy and burn wallet has around $120,000 in it and growing…. Thats $120,000 of economic energy BUYING the coin off the market, and DESTROYING it
What does this do? Well, any LP bros in here?
Ask them what happens to the price of a token when you juice up one side and burn coins on the other side, spoiler alert, these moves work as a square. Double one side the other side 4x’s in price
I will be keeping a close eye with this project
Gotta renew my LEO premium tmw :) looking forward to feed the LEO system
Also bought a silver coin today, but not your average coin :) stay tuned
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👏 Keep Up the good work on Hive ♦️ 👏
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this post is not even an hour old already back to 7 cents from 5 cents. Guess who bought that dip? Hee hee