$LSK This time the claim of destroying 100 million coins is real: what was cut was the un-released tokens originally allocated to the DAO for 2027 to 2033. The common “circulating supply is down 25%” you see in the square is not accurate. Total supply drops from 400 million to 300 million, but the tradable chips available to sell today won’t simultaneously shrink by a quarter.
The upside is in the future: with less dilution and less supply for the DAO to keep selling. In the near term, there are still about 47 million coins to be transferred to Lisk Ltd, the release of staking/locked tokens, and the chain migration on October 31. The latest complete 6-hour rebound is up 11.46%, volume is up 55.2%, and active buying is 51.5%—suggesting someone is taking it, but it’s not yet stable.
In the next window, only if the bid-side share rises above 52% and the $10 million trading volume holds would the revaluation be more likely to see follow-through. If the bid-side share falls below 48% and the trading volume slips back under $7 million, it would more resemble a high-volatility pullback.
#LSK #Lisk #Token burn
The upside is in the future: with less dilution and less supply for the DAO to keep selling. In the near term, there are still about 47 million coins to be transferred to Lisk Ltd, the release of staking/locked tokens, and the chain migration on October 31. The latest complete 6-hour rebound is up 11.46%, volume is up 55.2%, and active buying is 51.5%—suggesting someone is taking it, but it’s not yet stable.
In the next window, only if the bid-side share rises above 52% and the $10 million trading volume holds would the revaluation be more likely to see follow-through. If the bid-side share falls below 48% and the trading volume slips back under $7 million, it would more resemble a high-volatility pullback.
#LSK #Lisk #Token burn
