The factor that will add stability for the token is decreasing number of passive holders. When there is an ICO, token holders act as “investors”, although a large part of them may become future users once the product is built. Initially, however, people buy tokens because they believe a project has a good chance of success and value appreciation. Once the product is built and has some users, we can determine token value with more certainty by analyzing fundamentals, such as the exchange of tokens by users to acquire a particular utility. A tendency toward equilibrium is set when investors realize that a token’s use as a store of value is not properly associated with its utility function, and the price adapts.

Simply put, the token price volatility will decline with the growth of INS Ecosystem size.