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Crypto Star

06/08 17:55

Reason 2: Tokenomics and Bonus Fuel a Scarcity Eng

Reason 2: Tokenomics and Bonus Fuel a Scarcity Engine

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In 2019, Stellar’s team burned 50 billion tokens, leaving 38 percent still outside the supply. This keeps the tokens scarce in the long run, but does not affect the market much each day. Using PayFi decreases the amount of liquid in Remittix and today’s extra bonus cuts the effective cost for anyone who starts using it. 

When whales switch into RTX, they receive more tokens which makes break-even easier and means a big reward if the coin hits one dollar. Since the closing of the funding round is almost reached, early investors think that the bonus period will end quickly which means fewer shares will be available. In their opinion, using the dynamic can make prices go up faster than waiting for Stellar Price to overcome crowded resistance bands.

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