/biz/ - Business & Finance

[Anonymous No.28364490]

this shit is $37B fully diluted? WTF?
fuck i didn't buy at $3 'cuz only like 10% of coins released so far

[Anonymous No.28364620]

Nigger.

[Anonymous No.28364674]

I'm retarded. What does this mean?

[Anonymous No.28364895]

Fully diluted is a meme, By the time AVAX will have 600M+ in circulation DOT/ETH/ATOM/any infinite supply coin will have marketcap in the tens/hundreds of trillions. AVAX burning mechanism will prevent the supply from deviating a lot from 360M, So it built to be stable around 360M even in decades from now.

Total supply is legit but it'll take 10 years to be fully circulated+AVAX is still undervalued by minimum x7 relative to inferior DOT going by total supply (Which's in itself kind of wrong, Circulated supply is much more important).

Marketcap of inferior competitors/projects by the time AVAX will reach the full total supply (360M tokens) at current price of each one of them:
>Polkadot-67B$
>Ethereum-220B$
>ADA-27B$
>XLM-21B$
>Filecoin-61B$
>Flow-11B$
>DOGE-15B$
>Algorand-10B$
>Cosmos-9B$
>XRP-50B$

AVAX-9.5B$. Again, I'm being generous here as calculating valuation going by the price in 10 years is retarded and can only be applied as low IQ fud, In reality AVAX would go 2-3 full bull cycles without reaching 360M tokens in circulation.

[Anonymous No.28364977]

Cry more AVAX clowns.

[Anonymous No.28365004]

>>28364895
burning mechanism? Shut the fuck up nigger the burn rate is 0 and you are giving 35% APY LMAO