$GIGGLE 20260205 Evening It seems that smart money has taken notice here and has continued to invest a little. I have created a model starting from 100, with an average daily transaction volume of 10 million across the network. The price drops by an average of 0.2% each day, and it will take about more than 3 years to consume 30% of the tokens. The price is expected to drop to around 8, but in the first two months, the price has fallen quickly, and the transaction volume hasn't decreased significantly, so the consumption of tokens is faster than expected, and the time to destroy 30% of the tokens is shortened!
Many people do not understand the implied economics of Giggle. The daily trading volume fees proportionally represent its net income, with zero costs, and the fixed use is to recycle tokens, with no other expenses. Unless Binance changes the rules, if it drops to a certain level, there may be quantity manipulation similar to alpha, with hundreds of millions or tens of billions traded in a day! In such a scenario of extreme token deflation, reaching sky-high prices is possible! But that's a discussion for later.
I believe that the destruction of 30% of the tokens is a turning point. Market makers need a certain amount, and platforms need to reserve a certain amount, along with token hoarders; by then, there won't be much in circulation!
I don't know what the future holds, but I will continue to use my 4:1 averaging method. I will create a contract every few dollars and my spot grid's maximum holding is about 4 times that of the contract, so big gains!
It is essential to trade spot; if busy, just grid trade spot! Purely holding contracts has no value! Holding spot can still allow for investment!
Of course, the biggest risk is that Binance changes the rules, although the likelihood is small, it cannot be ruled out!
Many people do not understand the implied economics of Giggle. The daily trading volume fees proportionally represent its net income, with zero costs, and the fixed use is to recycle tokens, with no other expenses. Unless Binance changes the rules, if it drops to a certain level, there may be quantity manipulation similar to alpha, with hundreds of millions or tens of billions traded in a day! In such a scenario of extreme token deflation, reaching sky-high prices is possible! But that's a discussion for later.
I believe that the destruction of 30% of the tokens is a turning point. Market makers need a certain amount, and platforms need to reserve a certain amount, along with token hoarders; by then, there won't be much in circulation!
I don't know what the future holds, but I will continue to use my 4:1 averaging method. I will create a contract every few dollars and my spot grid's maximum holding is about 4 times that of the contract, so big gains!
It is essential to trade spot; if busy, just grid trade spot! Purely holding contracts has no value! Holding spot can still allow for investment!
Of course, the biggest risk is that Binance changes the rules, although the likelihood is small, it cannot be ruled out!