FB chain analysis: If you buy it as an inscription, you may die miserably
1.FB is not an inscription, but more like a VC coin. There are 1.4 million in circulation now, and the total amount is 210 million. So you can't hold it for a long time by analogy with inscriptions.
2. FB now produces 72,000 pieces per day. Calculated at $30, the selling pressure increases by $2.16 million per day.
About 2 to 3 million worth of FB will be paid by retail investors every day, and miners may run to the market.
3. FB will be unlocked by investors and teams after 7 months, 3.5 million per month. According to the current value of $100 million.
4. In the short term, the price of FB may be good. Factal will launch inscriptions and runes in the near future, which may increase demand. The current circulating market value is 42 million. If some larger exchanges are launched, it will also generate a wave of traffic.
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