Post
Topic
Board Altcoin Discussion
Re: Binance launches Notcoin (NOT) on launchpool.
by
Mpamaegbu
on 13/05/2024, 20:28:21 UTC
~snipped~
If the developer allows this to happen it will damage the market price. However, if the developer implements a vesting system then the market price will remain safe and if it collapses it will not be too fast.
I'm sure there are stuff in place to discourage massive dumping. The project knows that and that's why there's provision for staking for for it. I won't be surprised if there's a mechanism in place for token burning too to reduce supply. The Notcoin team won't spend all it has done just to allow airdroppers spoil the party for them. This I know for sure.