Notcoin's move is amazing! It destroyed $3 million worth of NOT in one fell swoop, and also spent $4.2 million in rewards. This is obviously intended to create a big stir in the market and attract investors' attention. Destroying coins to reduce supply may increase the value of the coin; issuing rewards to give back to the community and attract more people to build an ecosystem together.
But the final effect remains to be seen. Although high-profile behavior can increase visibility and investor confidence, it may also cause volatility and speculation. The key is whether the team can make good use of funds for the long term.
For investors, this news has two sides. On the one hand, it may increase confidence, depending on its continued development; on the other hand, it is necessary to be vigilant about actual actions and funding effects. In short, the market impact depends on Notcoin's subsequent performance. #以太坊ETF批准预期 #MegadropLista $NOT