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RE: Cent Delegations Works

in Centlast year

I saw a couple of cent hashtags on leothreads and barely knew this was an entire community. Been searching for a community to share my blog but most seem to restricted to one niche and I love variety. I thought cent was referring to American cent, didn't know it was a crypto in itself.

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Welcome to the Cent Community :) Cent was created as a defi token in 2021. From the beginning, it has a target price of around $0.01. We activated the reward pool in later periods. It also became a tribal token. There are currently 6 liquidity pools. We have come to very good places compared to the starting point. However, we still have a long way to go. If you want to get information about the project: https://peakd.com/ccc/anadolu/cent-qwv1w7

Is this still the target? The current price is 65% lower?

Hello. Yes, the target price of $0.01 remains the same. However, Cent shouldn't be perceived as a coin with a broken Peg. Cent is not a stablecoin. We continue to work to reach the target price and will continue developing new projects.

Just seems odd that in a year plus since announcing the target it’s 70% below it? What action is being taken? Is it just an action less target call? I invested in a large Cebt purchase today so just had the question. I appreciate it 👍