Capital-side quick take:
"OSMO plans to burn 100 million from the community pool, $OSMO , about 12.6% of the circulating supply"
After the news came out, I only asked three money-related questions:
1. Which direction is active buying and selling tilting toward?
2. Has the trading volume of $OSMO (24h $4.18 million) clearly expanded?
3. Have whales made large transfers to trading platforms?
Only when all three point in the same direction can this news be considered recognized by the market; otherwise, it is probably just a passing breeze.
The more frequently similar news appears, the smaller the actual impact.
#OSMO
Not investment advice, do not follow it.
"OSMO plans to burn 100 million from the community pool, $OSMO , about 12.6% of the circulating supply"
After the news came out, I only asked three money-related questions:
1. Which direction is active buying and selling tilting toward?
2. Has the trading volume of $OSMO (24h $4.18 million) clearly expanded?
3. Have whales made large transfers to trading platforms?
Only when all three point in the same direction can this news be considered recognized by the market; otherwise, it is probably just a passing breeze.
The more frequently similar news appears, the smaller the actual impact.
#OSMO
Not investment advice, do not follow it.
