🚀 Is ETHFI's Launch a Disaster? 🙈🚀
Let's assess the current situation with ETHFI. The launch has been deemed disastrous for several reasons:
- The emission price started at $5.3 and has plummeted to $3, which seems inadequate considering the total token supply from airdrops and farming.
- A miscalculation occurred by considering BNB farming instead of FDUSD, resulting in only 1.5 tokens (worth $7.5 at launch) per 1000 USDT, significantly lower than other projects this year.
Question 1: How much did BNB stakers earn per 1k?
Question 2: How much did BNB stakers lose due to BNB fluctuations and fees?
Share your experiences and opinions on this matter. Thank you.
However, despite these setbacks, the current market conditions, influenced by BTC's behavior, might offer profitable opportunities in the next few days. While the project faces challenges, it's not entirely without potential. The concept of creating scarcity and value through rare airdrops initially generated FUD and negativity, resulting in overselling of the coin.
I plan to go long soon.
Cheers!
Follow for more insights. Do Your Own Research. Not financial advice.
