well, this is crypto,
when BTC hits 105k, and then drops, creates a lot of FEAR,
so volume and users drop, all around crypto…
this MFs as you call them come and go,
wait till we get SOLANA to actualy be implemented in the real world,
those MFs will come back.
we need real world aplication creators, and this might come from who you least espect.
No man. Teal users don’t come and go. Real users stick to the platform they love.
However, whales move from project to project.
That’s the difference between a whale and a real user.
The numbers are not down because BTC is down. I’m following close what’s going on with this platform. The numbers are down for months now.
not really,
for example, I have DOGE, and i dont use this platform for it,
does that make me less of a real user?
I would also recomend for new users and small alocations,
sell half your airdrop for BTC and stake the other half
or do thirds and try luck with perps,
still we are bringing new users, not ritch or old users, but new ones,
even if the sell off solana, same goes for whales,
it is all more users.
Meow said every token is a memecoin. I totally disagree.
Jup can hit10M stakers tomorrow. If the platform doesn’t produce any revenue, the team won’t eat.
Jup can go to $10. In order to pay the team, they have to sell Jup or to relay on revenue.
If there is no revenue Jup and JLP will have no value.
Conclusion: This is not a memecoin, this is a trading platform. The value is given by numbers: fees, traders, volume
Personally I will stake my airdrop mainly because I still have hope that this can grow in a proper direction to create a fair Dao, because it makes sense to gain rewards over the years and because I don’t need to use the airdrop elsewhere right now.
But am tired of crypto, the way it focuses on making the 2% rich. You have the meme coin space on solana for instance that is 99% just scams. You have many crypto currency’s with real utility that promises decentralisation but on closer investigation just has controlled centralised governance. Btc and Eth controlled by ETF’s.
Having a space where you can control your own wallets tied to an exchange that is truly decentralised is important. The problem that crypto is trying to solve is decentralisation and non inflammatory currency, so government can’t continue to steal from its people. Hence why you want decentralisation as you are going against government.
I like Jup because it’s aim is to focus on PPP but I still need to see it implemented if I am to be honest. It has a Dao integrated but I think it needs to evolve further. Also I think the team has a good attitude but will eventually need to relinquish control. But for that reason the Dao would also need to become more decentralised.
You are correct real users definitely stick around but so do some stakers. But definitely a big majority of whales will run for the exits when the cycle is over.
See the link I proposed brother it may combat the issue. Plus there are tons of smart people in here who could come up with a solution that would solve it. We are just talking. Personally I think it would be a great debate on here that could be further initiated by the team also in the next video. There is also nothing stopping the team commenting here. I understand they are busy. But it could be put on the agenda as it’s discussed not only on this thread.