Post
Topic
Board Gambling
Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token
by
komisariatku
on 11/04/2024, 07:14:34 UTC
I believe not. That would actually have the potential to kill the market, and would probably make speculators disinterested in the token because they know that there are tokens that are not vested which could be sold by bulk anytime. But if it's distributed in small amounts per interval, it will allow demand to form faster and let the token reach its bottom faster and in a not so sudden situation. For those who want to sell, you can sell slow like it's DCA, but for selling. The buyers will be happy, and the sellers will not panic.
Can you explain how do you see that potentially killing the market. Shuffle is literally buying and burning them from the market, so lower the price is, more they are going to burn, and no matter how the big the wall in the bottom would be, eventually there's just nothing left to sell with those prices. I however understand the slow release, from the point that makes market seem more stable and with enough incredibly cheap tokens, there would be a danger to see more unhealthy pumps and volatility in general value.

SHFL is a new token, so it will take time for the community to become larger and more stable. It doesn't matter if you don't believe in SHFL, but the shuflle community is growing every day and more and more people are finding out about SHFL. The more tokens burned the better, this is the advantage that SHFL has. we have seen casino tokens end up in ashes, I think the shuffle team knows that and I'm sure they can manage their tokens so that they are accepted in the community in general and within the shuffle community

If you have any analysis on SHFL in the future, I'd love to hear it