#GMT投票燃烧计划 Three reasons, three convincing reasons!!
1. GMT price compared to historical highs. Now is a low value. Do you agree? See Figure 1. In the last two days, the price has adjusted with the market and has fallen a bit. The price is more appropriate.
2. Play big cycles short. Risk is controllable. The unlocking period is 60 days, not 360 days. Whether it will still be a bull market after a year is uncertain. In 60 days, it is still a bull market. No one disagrees. It's just 9 weeks. The big coin may break 100,000. It could also be between 80,000 and 100,000. 3. The team is reliable. They are still designing gameplay and have not given up. Attracting newcomers shows it's a good team. Being able to drive the market is a good thing.
BURNGMT Gameplay Tutorial (1) Voting Lockup Mechanism (one-time lockup for 60 days until Trump takes office (January 20, 2025), principal rewards will be distributed after 60 days. Up to 100 million GMT in rewards, with a fixed daily reward of 1.67 million GMT). (2) The GMT burned from voting comes from the team's purchase of all unlocked early advisor, team, and investor shares totaling 600 million GMT for 100 million USD. (3) Mechanism triggering the burn: Once the voting reaches a certain number, the team will burn the corresponding GMT (refer to BURNGMT.com rules) and the website will continue to operate.
From the weekly candlestick chart, it is in a rebound phase, first due to Bitcoin breaking historical highs, and second due to platform promotion. Suggestion: You can go long temporarily, but set a stop loss. Below is an introduction to CKB; if unclear, you can learn more. CKB is the native digital currency on the Nervos Network, officially referred to as Nervos Network's native currency. Nervos Network is a decentralized blockchain ecosystem aimed at providing high security, scalability, and interoperability to support future decentralized applications. The total issuance of CKB coins is 33 billion, of which 75% is for ecosystem development and social governance, 15% for private and institutional investors, and the remaining 10% for the team reward pool.
Functions and Uses of CKB Coins CKB coins play multiple roles in the Nervos Network. They reward mining nodes participating in network maintenance and security through the proof-of-work (PoW) consensus algorithm, serve as payment for transaction fees, ensure stable operation of the network, and reduce the occurrence of spam transactions. Additionally, users holding CKB coins can participate in proposals and voting to decide on important matters of the Nervos Network, such as protocol upgrades and modifications to governance rules. Investment Value of CKB Coins The design goal of CKB coins is to promote global decentralized financial services. Its high reliability and scalability make it an attractive digital currency. The trading speed of CKB coins is particularly fast, capable of handling hundreds of transactions per second, and the transaction fees are very low. This makes CKB coins very popular on exchanges, and it is expected that more exchanges will join in the future. Furthermore, CKB coins performed strongly during the Bitcoin recovery in 2024, particularly boosted by the favorable UTXO Stack transformation and the listing of CKB currency pairs on South Korea's largest exchange, Upbit, causing CKB coins to surge 150% within a week.
CKB Coin Ecosystem Nervos Network is committed to promoting the development of the ecosystem by providing continuous support in funding, infrastructure, and tools. Since the mainnet launch in November 2019, approximately 5.7 billion CKB have been allocated to the ecosystem fund, focusing on nurturing and investing in early and seed-stage projects that connect Bitcoin and CKB using the RGB++ protocol. These projects include DeFi, gaming, tools, and NFT markets, further enhancing the ecosystem and application scenarios of CKB coins.