Rijk is making a new coin. RIP Gulden.
I looked at the exchange rate and saw Gulden dumped over 30%, which is sad because Gulden momentum was building up and this announcement of Novo crashed the price. I looked at the details and the total supply is 10 Billion coins with initial offering of 1.45 .
Gulden only going to have 1.68 billion coins and price is 0.0111 . I don't know why people will pay + 100 times more for Novo with a supply that is 5.5 times more than Gulden and is using Gulden's innovation.
Can't blame the dev's for giving up.Gulden out for 6-7 years with a shit price. The development never got attention outside of the Gulden community.This new currency could finally showcase Guldens development as they plan on doing marketing with this one.