Pump=net buy pressure - net sell pressure.
05 Jun 2023, 01:57
Pump=net buy pressure - net sell pressure
You must understand that any project that cant permanently reduce sell pressure is a ponzi.
Sell pressure can be reduced in short term through manipulation and psychological means but holders will always end up selling their tokens.
Therefore net buys=net sells=ponzi
TVL or total value locked only temporarily reduces sell pressure. Eventually these tokens come out of the lockers and are sold.
The only way to permanently reduce sell pressure is by continuously burning tokens. Otherwise it is a constant battle to push buy pressure higher than sell pressure and once investors lose interest project dies.
This is why I believe over long term and once bull market comes our revenue share models in GoCryptoMe.io and Cryptegrity.io will be superior as we use platform revenue to continuously buyback tokens and burn them.
Net buys(from revenue share) > net sells(once majority bought back)= strong utility
We continue to build out the platforms and setup the projects to front run mainstream web3 adoption.