We're attracted to having large numbers of things.
Some #altcoins should therefore split to unlock latent value; the more utilitarian the $crypto token, the more potential benefit if cheap & numerous.
eg $GEO - large caches seem more bountiful, single tokens have cheap utilities
Some #altcoins should therefore split to unlock latent value; the more utilitarian the $crypto token, the more potential benefit if cheap & numerous.
eg $GEO - large caches seem more bountiful, single tokens have cheap utilities
More examples:
$BLOCK - Service rewards are non-decimal numbers
$FANS - small bets are still whole numbers; big bets are BIG numbers
$DCR - better representation as a currency as well as store of value
$BLOCK - Service rewards are non-decimal numbers
$FANS - small bets are still whole numbers; big bets are BIG numbers
$DCR - better representation as a currency as well as store of value
Everyone says #Bitcoin is infinitely divisible and wallets can be revised to move the decimal, but no coin to my knowledge has ever done this (instead splitting by fork). Attempts to hack people's impressions, like promoting denomination in bits (100 sat), have failed so far.
(This failure might simply indicate #Bitcoin's ever-heavier-weighted status as a store of value against fiat currencies against which it is always compared, and its important immutability to 21 million coins in supply.)
So, if you want to unlock Large Number Affiinity value to your token, wait until it's undergone proper price discovery over time, then split it. It's a news event, it invites new repricing action, it galvanizes suddenly richer hodlers & confers meaningful stacks at smaller value.
DON'T reverse split. This is a recipe for disaster, or a scam tool. Example: $PAC, which had multi trillions of worthless coins bought up by takeover devs for dogetoshi, then recombined so the new coin would be less worthless (but it's still under terrible distribution)
