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.
10 billion supply, price won't hold for 1.45, smart people won't buy Novo, average person smart enough to buy dumps when market opens and dumb people buying Novo to make Rijk and family rich.
What price potential does a coin starting at 1.45 have?
Gulden is a better investment because supply is 1.6 billion but will developers still worry about Gulden? EFL becomes better investment if developers have quit.