Osmosis just voted on ending its own inflation — and the tape is already answering.
The proposal cutting daily issuance from about 91,000 OSMO to zero closed its vote on October 25, shifting staking rewards to protocol revenue. Tomorrow's v32 vote closes, with a small token burn on the table.
I've been watching the tape. OSMO is up about 19% to $0.053, after tagging $0.056 this morning. Sunday's push held $0.049, then re-attacked the high — while Bitcoin holds near $80,000.
My checklist: $0.049 holds first, then a close through $0.056 confirms buyers mean it. A 4-hour close under $0.049 kills the read.
The trap is real: governance wins can sell off into Wednesday's Fed decision, and thin spot volume — under $2 million a day — cuts both ways.
If you hold OSMO into tomorrow's vote, what are you watching first — the result, or $0.056 holding on a close?
Not financial advice. Do your own research.
$OSMO #Altcoins #Osmosis #Upgrade
The proposal cutting daily issuance from about 91,000 OSMO to zero closed its vote on October 25, shifting staking rewards to protocol revenue. Tomorrow's v32 vote closes, with a small token burn on the table.
I've been watching the tape. OSMO is up about 19% to $0.053, after tagging $0.056 this morning. Sunday's push held $0.049, then re-attacked the high — while Bitcoin holds near $80,000.
My checklist: $0.049 holds first, then a close through $0.056 confirms buyers mean it. A 4-hour close under $0.049 kills the read.
The trap is real: governance wins can sell off into Wednesday's Fed decision, and thin spot volume — under $2 million a day — cuts both ways.
If you hold OSMO into tomorrow's vote, what are you watching first — the result, or $0.056 holding on a close?
Not financial advice. Do your own research.
$OSMO #Altcoins #Osmosis #Upgrade
