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#cro #FFTB #cryptocomnft
Hi #crofam, Hello #LoadedLions,
I see a few lions concerned about the falling floor price today and a general over-emphasis on this metric.
Don’t be alarmed and let me explain my view on this…🧵👇
Hi #crofam, Hello #LoadedLions,
I see a few lions concerned about the falling floor price today and a general over-emphasis on this metric.
Don’t be alarmed and let me explain my view on this…🧵👇
Of course a higher floor price is what we ultimately want. But the most important metric for us as holders of #LoadedLions is the „volume traded“ number. This number needs to keep climbing constantly, as it shows a healthy ecosystem with supply and demand.
It does not help to have a floor price of 50.000 with a constant „volume traded“ number. This would just say that nobody wants to pay the demanded prices and the marked is „dead“.
We need the volume traded to keep climbing and it does climb steadily. That’s a good thing! 🥳🥳
We need the volume traded to keep climbing and it does climb steadily. That’s a good thing! 🥳🥳
