This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
2 Likes
Reward
2
1
Repost
Share
Comment
0/400
zheng
· 12-24 13:45
According to the project plan:
*100% revenue: 80% planned for buyback, 20% retained
*Let's say 80% for buyback: actually 40% used for automatic buyback, then another 40% retained, claiming it's for reserves and not buyback
*Let's say 40% automatic buyback: actually 20% used for burning, then another 20% retained, claiming it's for airdrops
*So, the actual amount burned is only 20% of the revenue 🤣🤣
*Finally, 20% burned, but how much is the actual daily income??
*Currently, 78.4 million tokens need to be unlocked each month
*Conclusion: The monthly unlocking pressure is more than 10 times the support from burning! And this process will continue until mid-2027!
*Additionally, there is a massive bomb of 3.5 billion tokens still waiting to be unlocked!
Note ⚠️⚠
On 12.23, the buyback amount was 400,000 USDT, with a corresponding burn amount of 200,000 USDT
On 12.24, the buyback amount was 320,000 USDT, with a corresponding burn amount of 160,000 USDT
And this month's unlocking amount is 78.4 million tokens!!
#ASTER drops to 0.5, I would definitely sell half first. No matter if it lives or dies. I'll talk about it when it goes back above 1.