nah the buy and burn feature is actually bullish AF most people who farm the INC token would want to buy back into PLSX with their yield returns.
Also still has single sided staking to come
I don't think you realise the whole ecosystem is bonded by thick liquidity, a whale can easily push the PulseX price back up so it doesn't hurt the Pulse and Hex prices too much
Eventually, yes. But for now the marketcap is relatively tiny compared to PLS so people are probably thinking they're getting the "cheaper" coin, which technically they are. Honestly INC could pump all the way to $1000 before it comes crashing down, but even then I think the V4 testnet had it over $10K? So who fuckin knows
i can't believe INC is mooning so hard. paid zero attention to INC don't really understand its purpose or what generates demand. you get paid INC for providing liquidity on PulseX, right? But if you buy INC tokens what can you then do with them? What are the INC pumpamentals?
Normal farm token logic. People buy loads to start farming, and some compound their rewards to earn even more, etc. It WILL eventually crash, but considering how nascent Pulse is and the bridge being slow as shit, lots of degenerate money still waiting to come in. Knowing RH he probably has something up his sleeve to keep it pumped tho
means saccers can finally start dumping their bags to usd/pls without insane losses. watch it crater
pretty much. just a little higher and I'll probably cash out the saccc to usd. BUT I have new bags from the 17th to ride.
Low IQ nagger
nah the buy and burn feature is actually bullish AF most people who farm the INC token would want to buy back into PLSX with their yield returns.
Also still has single sided staking to come
>Also still has single sided staking to come
2 more weeks. No one wants to setup a pool and scheuler sure as hell won't either
I don't think you realise the whole ecosystem is bonded by thick liquidity, a whale can easily push the PulseX price back up so it doesn't hurt the Pulse and Hex prices too much
Just like PLS sacs dumped their bags when it hit sac rate and did another 2x?
Why the fuck would anyone wait 2 years just to start dumping at break even? Dumbass, shit is going to fly.
Why is INC pumping the most? Surely eventually it becomes a forever down coin like other DEX reward coins e.g. CAKE?
Eventually, yes. But for now the marketcap is relatively tiny compared to PLS so people are probably thinking they're getting the "cheaper" coin, which technically they are. Honestly INC could pump all the way to $1000 before it comes crashing down, but even then I think the V4 testnet had it over $10K? So who fuckin knows
The testnet also had PLS at 10c and PLSX at 3c doesn't mean it's going to happen
i can't believe INC is mooning so hard. paid zero attention to INC don't really understand its purpose or what generates demand. you get paid INC for providing liquidity on PulseX, right? But if you buy INC tokens what can you then do with them? What are the INC pumpamentals?
Normal farm token logic. People buy loads to start farming, and some compound their rewards to earn even more, etc. It WILL eventually crash, but considering how nascent Pulse is and the bridge being slow as shit, lots of degenerate money still waiting to come in. Knowing RH he probably has something up his sleeve to keep it pumped tho
My eth arrived to pulse, after only 24 hours. What should I buy now biz?
This if you want in on the second round:
0x637e6c01398dAbD1BfA8ad30567344CE78feb5fa
Holy fucking shit I'm raking it in boys
still a lot of arbitrage opportunities on PulseX. Can make a decent chunk of change just swapping stables for stables if you time it right
Just don't hold them,just a few days ago one fake stable was worth around 20 PLS,kek